Which of the Following Statements Is False

question 205

Multiple Choice

Which of the following statements is false?

• A)Corporations can issue stocks and bonds, while proprietorships cannot.
• B)Corporations have one owner, while proprietorships have many owners.
• C)Corporations face more taxes than do proprietorships.
• D)Proprietorships have unlimited liability while corporations have limited liability.

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Definitions:

Sequoyah

A Native American silversmith and scholar known for creating the Cherokee syllabary, a writing system for the Cherokee language.

Jefferson

Thomas Jefferson, a Founding Father of the United States, the principal author of the Declaration of Independence, and the third president of the United States.

Agricultural

Relating to farming or agriculture; the science, art, and business of cultivating soil, producing crops, and raising livestock.