Which of the Following Statements Regarding Corporations Is Incorrect

question 99

Multiple Choice

Which of the following statements regarding corporations is incorrect?

• A) Corporations dominate business activity in the United States.
• B) Corporations are businesses organized under state law and do not have an existence that is separate from their owners.
• C) Most well-known corporations tend to be large multinational businesses.
• D) Corporations are separate legal entities.

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Definitions:

Classical Origin

The historical roots or beginnings of a concept, practice, or cultural element in ancient civilizations such as Greek or Roman.

Rawls's Conception

The philosophical ideas presented by John Rawls, particularly relating to theories of justice, fairness, and equality in society.

Justice

The principle of fairness and moral righteousness, especially in the administration of the law.