Which of the Following Statements Is False

question 56

Multiple Choice

Which of the following statements is false?

• A)Corporations are business organizations created under federal law.
• B)One of the most notable characteristics of a corporation is the limited liability of the owners.
• C)An advantage of corporations over other business entities is the ease of transfer of ownership.
• D)The laws governing corporations vary from state to state.
• E)Individuals can sell stock to each other without corporate involvement.

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Definitions:

Job Interview

A formal meeting between a job applicant and a potential employer to assess the applicant's suitability for a position.

Successful Preparation

The process of making ready or being made ready for use or consideration, especially in terms of achieving desired outcomes or success.

Managerial Philosophy

The set of beliefs and principles that guide a manager's decisions, actions, and interactions with team members and stakeholders.

Major Responsibilities

The key duties or tasks that are essential for the successful performance of a job or role.