Advantages of a Corporation Include

question 96

Multiple Choice

Advantages of a corporation include:

• A)each stockholder can enter into agreements that legally bind all the stockholders.
• B)the double taxation of distributed profits.
• C)limited liability of the stockholders for the corporation's debts.
• D)each stockholder can conduct business in the name of the corporation.

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Definitions:

Defense Mechanism

Psychological strategies used by individuals unconsciously to protect themselves from anxiety or unacceptable thoughts and feelings.

Homophobia

The fear, hatred, or prejudice against homosexual people or homosexuality in general, often leading to discrimination.

Oedipus Complex

According to Freud, a boy’s intense desire to replace his father and enjoy the affections of his mother.

Affections

The feelings of fondness or liking directed toward someone or something.