Which One of the Following Statements Is Correct Concerning Corporations

question 29

Multiple Choice

Which one of the following statements is correct concerning corporations?

• A) The largest firms are usually corporations.
• B) The majority of firms are corporations.
• C) The stockholders are usually the managers of a corporation.
• D) The ability of a corporation to raise capital is quite limited.
• E) The income of a corporation is taxed as personal income of the stockholders.

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