A Company Has Which of These Sets of Characteristics

question 4

Multiple Choice

A company has which of these sets of characteristics?

• A)Harder to raise funds and gives the owner full control
• B)Shared control,tax advantages for family members,limited life
• C)Simple to set up and control will always remain with the founder
• D)Easier to transfer ownership and raise funds,and limited liability

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Definitions:

Topographic

Pertaining to the detailed and accurate representation of natural and artificial physical features of an area on a map.

Mesa

A flat-topped hill with steep sides, commonly found in arid and semi-arid regions, formed by erosion.

Butte

A steep-sided, isolated hill or mountain with a flat top, usually formed through the erosion of sedimentary rocks.

Erosion

The process by which natural forces remove soils, rocks, or dissolved material from one location and transport it to another.