Which of the Following Is an Advantage of Corporations

question 11

Multiple Choice

Which of the following is an advantage of corporations?

• A) They tend to be personal in nature.
• B) They incur the lowest incorporation fees and taxes.
• C) They require the owner's liability to exceed the owner's investment.
• D) They are better equipped in raising large amounts of money.

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Definitions:

Alternative Hypothesis

In statistical testing, it is the hypothesis that proposes a difference or effect contrary to the null hypothesis.

Standard Error

A statistical measure that describes the accuracy with which a sample represents a population, specifically the variability of sampling distributions.

Test Statistic

A calculated value used to make a decision regarding a hypothesis test; it measures the degree of agreement between a sample data and the null hypothesis.

Sample Proportion

The ratio of members in a statistical sample that have a particular attribute to the total number of members in the sample.