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

question 251

Multiple Choice

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

• A) Stockholders have limited liability.
• B) A corporation has a continuous life.
• C) There is no mutual agency between the stockholders and the corporation.
• D) Earnings of a corporation may be subject to double taxation.

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Definitions:

Cesarean Delivery

A medical operation that involves making cuts in the mother's abdomen and uterus to bring a baby into the world.

Breech Position

A term referring to a fetal position within the womb where the baby's feet or buttocks are positioned to be delivered first, instead of the head.

Very-Low-Birth-Weight (VLBW)

Refers to babies born weighing less than 1500 grams (3.3 pounds).

Walking

The human act of locomotion on two feet, typically occurring around 12 months of age in infants.