Which of the Following Statements Is CORRECTσ

question 6

Multiple Choice

Which of the following statements is CORRECTσ

• A) corporations are at a disadvantage relative to partnerships because they have to file more reports to state and federal agencies, including the securities and exchange administration, even if they are not publicly owned.
• B) in a regular partnership, liability for the firm's debts is limited to the amount a particular partner has invested in the business.
• C) a fast-growth company would be more likely to set up as a partnership for its business organization than would a slow-growth company.
• D) partnerships have difficulty attracting capital in part because of their unlimited liability, the lack of impermanence of the organization, and difficulty in transferring ownership.
• E) a major disadvantage of a partnership relative to a corporation as a form of business organization is the high cost and practical difficulty of its formation.

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Definitions:

Triangular Theory

A theory in psychology, often applied to love, which posits that there are three components: intimacy, passion, and commitment.

Support

Assistance or encouragement provided to someone, typically in a time of need.

Secure Attachment

A form of attachment where individuals feel confident and reassured in their relationships with their caregivers, leading to healthy emotional and social development.

Responsive Approach

A method or strategy that adapts based on feedback or changes in the situation.