All of the Following Are Advantages of a Corporation Except

question 14

Multiple Choice

All of the following are advantages of a corporation except:

• A) freely transferable ownership.
• B) limited liability.
• C) access to capital markets.
• D) low management costs.

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Definitions:

Dominant Traits

Dominant traits are characteristics that are more likely to be expressed in offspring when inherited, overshadowing recessive traits.

Temperament

An individual's innate personality, particularly those aspects that influence their reactions to the environment and stress.

Reactivity

The degree to which a person responds to environmental stimuli or changes in experimental conditions.

Enduring Patterns

Persistent and consistent ways of thinking, feeling, and behaving that establish a person's personality.