Which One of the Following Gives a Corporation Its Permanence

question 16

Multiple Choice

Which one of the following gives a corporation its permanence?

• A) Multiple owners
• B) Limited liability
• C) Corporation taxation
• D) Separation of ownership and control

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Definitions:

New Product Time

The period involved in developing and launching a new product to the market.

Learning

A change in behavior that results from experience.

Internal Process Improvement

The systematic approach to enhance and optimize an organization's internal procedures for better efficiency and effectiveness.

ROA (Return on Assets)

A financial ratio indicating how profitable a company is relative to its total assets, measuring efficiency in managing investments to generate earnings.