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:

Adaptable

The ability to adjust to new conditions or changes in one's environment effectively.

Easy Child

A term in developmental psychology describing children who are generally calm, adaptable, and have a positive mood.

Undemanding

Requiring or posing little effort or stress; not challenging or taxing.

Contact Comfort

The psychological and physical comfort that an infant derives from being in close physical contact with its caregiver, highlighting the importance of touch in social and emotional development.