Which One of the Following Statements Is Correct Concerning Corporations

question 29

Multiple Choice

Which one of the following statements is correct concerning corporations?

• A) The largest firms are usually corporations.
• B) The majority of firms are corporations.
• C) The stockholders are usually the managers of a corporation.
• D) The ability of a corporation to raise capital is quite limited.
• E) The income of a corporation is taxed as personal income of the stockholders.

---

Definitions:

Arteries

Blood vessels that carry oxygen-rich blood away from the heart to the body's tissues.

Veins

Blood vessels that carry blood toward the heart, usually deoxygenated, except for the pulmonary and umbilical veins.

Aortic Arch

The part of the aorta that bends between the ascending and descending aorta, serving as a crucial pathway for blood from the heart to the body.

Celiac Trunk

A major artery originating from the abdominal aorta that supplies blood to the stomach, spleen, liver, and other nearby organs.