Which of the Following Statements Is TRUE

question 16

Multiple Choice

Which of the following statements is TRUE?

• A)An advantage of a corporation is that there is less regulation of the business.
• B)An advantage of a corporation is that it is subject to double taxation.
• C)Unlike a partnership,a disadvantage of a corporation is that it has limited liability.
• D)Corporations face more regulations when compared to partnerships.

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Definitions:

Culture

A complex ensemble of knowledge, beliefs, art, laws, customs, and any other capabilities and habits acquired by humans as members of society.

Freud's Psychoanalytic Theory

A theory introduced by Sigmund Freud which posits that human behavior is influenced by unconscious motivations, childhood experiences, and a tripartite structure of the mind (id, ego, and superego).

Physiological Psychology

A branch of psychology that studies the physiological bases of psychological processes.

Clinical Psychology

A branch of psychology that focuses on diagnosing and treating mental, emotional, and behavioral disorders.