Which of the Following Corporate Characteristics Is a Disadvantage of a Corporation

question 73

Multiple Choice

Which of the following corporate characteristics is a disadvantage of a corporation?

• A)Stockholders of a corporation have limited liability.
• B)A corporation has a continuous life.
• C)There is no mutual agency among the stockholders and the corporation.
• D)Earnings of a corporation are taxed twice.

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Definitions:

Conditioned Response

A learned response to a previously neutral stimulus that has been repeatedly presented alongside an unconditioned stimulus that elicits an automatic response.

Conceptual Thought

The ability to engage in complex, abstract thinking, often involving the manipulation of ideas and solving problems.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, a crucial developmental milestone in infants.

Symbolic Thought

The ability to use symbols, language, or objects to represent something that is not physically present, a key aspect of human language and cognition.