Which of the Following Statements Is CORRECT

question 42

Multiple Choice

Which of the following statements is CORRECT?

• A) It is generally more expensive to form a proprietorship than a corporation because, with a proprietorship, extensive legal documents are required.
• B) Corporations face fewer regulations than sole proprietorships.
• C) One disadvantage of operating a business as a sole proprietorship is that the firm is subject to double taxation, at both the firm level and the owner level.
• D) One advantage of forming a corporation is that equity investors are usually exposed to less liability than in a regular partnership.
• E) If a regular partnership goes bankrupt, each partner is exposed to liabilities only up to the amount of his or her investment in the business.

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Definitions:

Purulent Discharge

A type of thick, often yellowish-green fluid that is produced at infection sites, typically containing white blood cells, dead cellular debris, and bacteria.

Odour

A distinct smell, especially an unpleasant one.

Pressure Injury

Damage confined to the skin or tissue beneath it, typically occurring over an area where a bone is close to the skin surface, caused by pressure alone or pressure along with shear force.

Meal Plan

An organized schedule or strategy for eating, often designed to achieve personal health or fitness goals.