Which of the Following Statements Is CORRECTσ

question 19

Multiple Choice

Which of the following statements is CORRECTσ

• A) one of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.
• B) it is generally easier to transfer one's ownership interest in a partnership than in a corporation.
• C) one of the advantages of the corporate form of organization is that it avoids double taxation.
• D) one of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights, i.e., "one person, one vote."
• E) corporations of all types are subject to the corporate income tax.

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Definitions:

Scatterplot

A type of graph used to display values for two variables for a set of data, showing the relationship between them.

Negative Correlation

A correlation between two variables where one's gain is the other's loss.

Negative Correlation

A relationship between two variables in which one variable increases as the other decreases, and vice versa.

Direct Correlation

A positive relationship between two variables such that as one variable increases, the other also increases.