All of the Following Would Be Considered Explicit Costs of Operating

question 74

Multiple Choice

All of the following would be considered explicit costs of operating a business except

• A)rent paid to a landlord.
• B)bonuses paid to employees.
• C)a normal rate of return for investors.
• D)corporate income taxes.

---

Definitions:

Right of Recovery

The legal right to seek compensation or restitution for a loss, damage, or injury suffered.

Surviving Corporation

In a merger or consolidation, the corporation that continues to exist, absorbing the business of the other entity.

Chose in Action

represents a personal right to property not yet in the holder's possession but recoverable by legal action.

Acquiring Corporation

A company that purchases or acquires another company, either in part or entirely.