Which of the Following Is True of a Corporation

question 167

Multiple Choice

Which of the following is true of a corporation?

• A)A corporation cannot be privately held.
• B)The earnings of a corporation may be subject to double taxation.
• C)A corporation has a limited life.
• D)The stockholders of a corporation have unlimited liability for the corporation's debt.

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Definitions:

Testosterone

A type of steroid hormone essential for developing male reproductive organs and secondary sexual traits.

Prenatal Development

The process of growth and development within the womb from conception to birth, comprising various stages including the embryonic and fetal stages.

Partly Masculinized

Referring to the presence of physical or behavioral traits typically associated with males, to some degree, in an individual.

Partly Feminized

A description for something or someone exhibiting certain characteristics typically associated with femininity, but not exclusively or entirely.