Statement I

question 144

Multiple Choice

Statement I.S corporations offer their shareholders limited liability and pay no corporate income tax.
Statement II.The vast majority of business owners incorporate to secure limited liability.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Meiosis I

The first division in meiosis, during which homologous chromosomes are separated, resulting in two daughter cells with half the number of chromosomes of the original cell.

DNA Replication

The process by which a double-stranded DNA molecule is copied to produce two identical DNA molecules.

Sister Chromatid

One of two identical copies of a chromosome that are connected by a common centromere.

Nucleosome

A structural unit of a eukaryotic chromosome, consisting of a length of DNA coiled around a core of histone proteins.