Which Statement Regarding Corporations Is Most Accurate

question 19

Multiple Choice

Which statement regarding corporations is most accurate?

• A)Due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of businesses are organized as corporations.
• B)Due to legal considerations related to ownership transfers and limited liability, most business is conducted by corporations in spite of large corporations' often less favourable tax treatment.
• C)Large corporations are taxed more favourably than sole proprietorships.
• D)Corporate stockholders are exposed to unlimited liability.

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Definitions:

Community Approach

A strategy in community psychology and social work that focuses on engaging and involving community members in identifying and solving their own problems.

Managed Care

A healthcare delivery system designed to manage cost, utilization, and quality, often involving prearranged networks of healthcare providers and services.

Mental Health Programs

Structured interventions designed to support and improve individuals' mental health, offering counseling, therapy, and educational resources.

Disenfranchised

Individuals or groups who feel deprived of certain rights, opportunities, or privileges.