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

question 98

Multiple Choice

Which of the following corporate characteristics is a disadvantage of the corporate form of business?

• A) Limited liability
• B) Double taxation
• C) No mutual agency
• D) Transferability of ownership

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Definitions:

Goodwill

The favorable reputation of a business seen as an intangible asset in the context of its value.

Style And Tone

The distinct manner of expression and the attitude or mood conveyed through writing or speech.

You-Attitude

A communication approach focusing on the needs, interests, and concerns of the audience rather than the speaker's own perspective.

Positive Emphasis

The practice of focusing on positive aspects within communication to enhance message effectiveness.