Which of the Following Is NOT an Advantage of Incorporation

question 46

Multiple Choice

Which of the following is NOT an advantage of incorporation for members of an association?

• A)The association can enter into contracts.
• B)The association is permitted to distribute its profits to members.
• C)The association can sue and be sued in its own name.
• D)The association has perpetual succession.

---

Definitions:

Internal Locus

The belief that one controls one's own destiny and outcomes are a result of one's own efforts.

Stress

A physical or emotional response to external or internal pressures, challenges, or demands.

Type A Behavior

A personality trait characterized by high levels of competitiveness, impatience, aggressiveness, and a constant sense of urgency.

Coronary Heart Disease

A condition characterized by reduced blood flow to the heart muscle due to build-up of plaque in the coronary arteries, leading to chest pain and potentially heart attacks.