Which of the Following Is TRUE of a Corporation

question 104

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:

Distal Convoluted

Pertains to the part of the nephron in the kidney farther from the renal corpuscle, involved in the reabsorption of water, sodium, and chloride.

Loop Of Henle

The portion of the renal tubule that curves back toward the renal corpuscle and twists again to become the distal convoluted tubule.

Renal Corpuscle

The initial filtering component of the nephron in the kidney, where blood plasma is filtered through the capillary walls of the glomerulus into the Bowman's capsule.

Renal Artery

A blood vessel that supplies the kidneys with oxygen-rich blood.