Advantages of a Corporation Include

question 113

Multiple Choice

Advantages of a corporation include:

• A) a single owner.
• B) the double taxation of distributed profits.
• C) limited liability of the stockholders.
• D) mutual agency.

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Definitions:

Superstitious Responding

A behavioral phenomenon where an individual develops a belief or practice around cause and effect relationships that are not logically connected.

Spontaneous Recovery

Spontaneous recovery is a term in psychology referring to the reappearance of a previously extinguished conditioned response after a pause.

Reconditioning

The process of rebuilding physical strength and conditioning through specific exercises after a period of inactivity, illness, or injury.

Stimulus Generalization

The process by which a response conditioned to a specific stimulus becomes triggered by stimuli that are similar but not identical to the original stimulus.