Which of the Following Is a Characteristic of a Corporation

question 85

Multiple Choice

Which of the following is a characteristic of a corporation?

• A) Corporations are separate taxable entities.
• B) Lenders of a corporation do not have the right to claim the corporation's assets to satisfy their obligations.
• C) Corporations are subjected to less governmental regulation than other forms of businesses.
• D) Each stockholder has the authority to commit the corporation to a binding contract through his/her actions.

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Definitions:

Binomial Distribution

A probability distribution that describes the possible number of successful outcomes in a fixed number of trials each with the same probability of success.

Religion

A set of beliefs concerning the cause, nature, and purpose of the universe, especially when considered as the creation of a superhuman agency or agencies, often involving devotional and ritual observances.

Binomial Variable

A variable that has only two possible outcomes or states, usually associated with 'success' or 'failure' in binary outcome experiments.

Religion

A social-cultural system of designated behaviors, practices, morals, worldviews, texts, sanctified places, prophecies, ethics, or organizations, that relates humanity to supernatural, transcendental, or spiritual elements.