Which of the Following Are Advantages of the Corporate Form

question 30

Multiple Choice

Which of the following are advantages of the corporate form of business ownership?
I. limited liability for firm debt
II. double taxation
III. ability to raise capital
IV. unlimited firm life

• A) I and II only
• B) III and IV only
• C) I, II, and III only
• D) II, III, and IV only
• E) I, III, and IV only

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Definitions:

Elaborative Rehearsal

A memory technique that involves thinking about the meaning of the term to be remembered, as opposed to simply repeating the word to oneself.

Episodic Memories

Memories of specific events or experiences, including the contexts in which they occurred, that can be explicitly stated or conjured.

Retrograde Amnesia

A form of amnesia where individuals are unable to recall events that occurred before the onset of the amnesia.

Brain Damage

Physical or functional damage to the brain, potentially affecting cognitive, physical, emotional, or behavioral functions.