Which of the Following Is True of a Corporation

question 1

Multiple Choice

Which of the following is true of a corporation?

• A)Stock of a corporation can be publicly or privately held.
• B)A corporation has to pay income taxes on its business earnings.
• C)A corporation has a limited life.
• D)The owners of a corporation have unlimited liabilities for the corporation's debts.

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Definitions:

Transformational Leadership

A leadership style that inspires and motivates followers to exceed their own interests for the good of the organization and to achieve unexpected or remarkable results.

Implicit Leadership Perspective

The concept that people have ingrained beliefs and expectations about the traits and behaviors that make someone a good leader, affecting their perception of leadership effectiveness.

Perceptual Processes

These are cognitive operations underlying human beings' ability to interpret and understand their environment through the senses.

Organizational Events

Significant occurrences or activities within a company or institution that impact its operations, culture, or stakeholders.