Which of the Following Statements Regarding the Corporate Form of Business

question 56

Multiple Choice

Which of the following statements regarding the corporate form of business is correct?

• A)The disadvantages are that generating capital is difficult and that owners have limited liability.
• B)Disadvantages are that the business is subject to government regulations and double taxation on its income.
• C)One disadvantage is that ownership is easy to transfer.
• D)All of the other options are correct.

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Definitions:

Cell Theory

A fundamental principle in biology stating that all living things are composed of cells, cells are the basic units of life, and all cells come from pre-existing cells.

Physiological Functions

The biological processes and activities carried out by the organs and systems of an organism to maintain life.

Preexisting Cells

The principle that cells are formed from the division of existing cells, as stated in the cell theory.

Powerful Enzymes

Biomolecules that significantly speed up the rate of virtually all of the chemical reactions that take place within cells.