Which of the Following Statements Is CORRECT

question 27

Multiple Choice

Which of the following statements is CORRECT?

• A) One of the disadvantages of incorporating your business is that you could become subject to the firm's liabilities in the event of bankruptcy.
• B) Proprietorships are subject to more regulations than corporations.
• C) In any partnership,every partner has the same rights,privileges,and liability exposure as every other partner.
• D) Corporations of all types are subject to the corporate income tax.
• E) Proprietorships and partnerships generally have a tax advantage over corporations.

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Definitions:

Neuron

A neuron is a specialized cell transmitting nerve impulses; a nerve cell.

Myelin

Protective insulation that surrounds parts of neurons, increasing the speed of transmission of electrical impulses along brain cells.

Synapse

The junction between two neurons or a neuron and a muscle where electrical or chemical signals are transmitted.

Dendrite

A branched extension of a neuron that receives impulses from other neural cells and transmits them towards the cell body.