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:

Recognition

The acknowledgment or appreciation of someone's work, achievements, or status, often serving as a form of motivation.

Cataracts

A medical condition where the lens of the eye becomes progressively opaque, leading to blurred vision.

Sunlight

The natural light emitted by the sun, which is essential for the survival of many organisms and influences Earth’s climate.

Diabetes

A disease marked by high levels of blood glucose that occurs when the body is unable to regulate the amount of glucose in the bloodstream because there is not enough insulin produced (type 1 diabetes) or the body shows insulin resistance and becomes less sensitive to it, failing to respond to it (type 2 diabetes); symptoms include fatigue, great thirst, blurred vision, frequent infections, and slow healing.