Which of the Following Characteristics Distinguish a Corporation from Other

question 95

Multiple Choice

Which of the following characteristics distinguish a corporation from other forms of businesses?
I.Centralization of management
II.Continuity of life
III.Free transferability of ownership interests
IV.Limited liability
V.Profit motive
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• A)All are distinguishing characteristics.
• B)Statements I, II, III and IV are correct.
• C)Only statement III is correct.
• D)Statements IV and V are correct.
• E)Statements I, II, IV, and V are correct.

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Definitions:

Synthetic Steps

The individual stages or reactions in a synthetic pathway used to construct complex molecules from simpler ones.

Compound

A substance made up of atoms of two or more different elements joined by chemical bonds.

IUPAC Name

The systematic method of naming chemical compounds designated by the International Union of Pure and Applied Chemistry.

Compound

A substance made up of two or more elements that are chemically bonded together, resulting in new properties distinct from the individual elements.