Which of the Following Phrases Is Not Descriptive of the Corporate

question 197

Multiple Choice

Which of the following phrases is not descriptive of the corporate form of business?

• A)Professional management
• B)Continuous existence
• C)Double taxation
• D)Unlimited liability

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Definitions:

Long-Term Impact

The lasting effects or consequences of an action or event over an extended period.

Green Purchasing

The procurement of products and services that are environmentally friendly, including considerations for energy efficiency, recyclability, and reduced pollution.

Inconsistent Service

Variation in the quality or delivery of services provided to customers, leading to unpredictable customer experiences.

Air Transportation

The movement of people and goods by aircraft, an essential component of global logistics and travel.