Which of the Following Statements Is True of a Corporation

question 61

Multiple Choice

Which of the following statements is true of a corporation?

• A) An S-corporation can have no more than 500 stockholders.
• B) All profits of an S-corporation do not pass directly to the stockholders as they would pass to the partners in a partnership.
• C) Profits earned in C-corporations are taxed only once at the corporate tax rate.
• D) S-corporations have less limited access to capital compared to C-corporations.

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Definitions:

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Cardiovascular Disease

A group of disorders of the heart and blood vessels, including coronary artery disease, hypertension, and stroke.

Health Problems

Any condition that impairs the normal functioning of the body, ranging from minor illnesses to chronic diseases and mental health disorders.

Stokols's Definition

Refers to a conceptual framework for understanding the interrelations among individuals, their environment, and health outcomes, as proposed by environmental psychologist Daniel Stokols.