All of the Following Are True Except

question 74

Multiple Choice

All of the following are true except

• A)the last to be paid off,whether the corporation does well or goes bankrupt,are the common stockholders.
• B)a key disadvantage of incorporating is limited liability.
• C)corporations collect about 90 percent of all business receipts.
• D)corporations are controlled by the common stockholders.

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Definitions:

Reference Source

Materials or resources used to obtain information or data to support arguments, theories, or ideas.

Internal Locus

Refers to the belief that one's own actions or choices directly influence the outcomes in their life, as opposed to external forces.

Situational Factor

External influences that can impact consumer behavior or the outcome of marketing decisions at a given time.

Functional Needs

The basic requirements that products or services must meet to be considered useful and satisfactory by consumers.