Which of the Following Is a Characteristic of the Corporate

question 62

Multiple Choice

Which of the following is a characteristic of the corporate form of business organization?

• A) Unlimited liability
• B) Limited life
• C) Ease of formation
• D) Double taxation

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Definitions:

Harmful Stimuli

External or internal factors that can cause damage or adverse reactions in the body or mind.

Velcro Straps

Adjustable, fastening materials made from hook and loop attachments, commonly used in medical devices for secure fitting.

Visually Impaired

A condition characterized by a significant loss of vision that cannot be fully corrected with glasses, contacts, or surgery.

Sensation

The ability to perceive through senses such as touch, sight, taste, smell, and hearing.