Which of the Following Statements Is CORRECT

question 31

Multiple Choice

Which of the following statements is CORRECT?

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

---

Definitions:

Hemophilia

A rare genetic disorder in which the blood doesn't clot properly due to the lack of sufficient blood-clotting proteins, leading to excessive bleeding.

Hypoxia

A condition in which the body or a region of the body is deprived of adequate oxygen supply at the tissue level.

Sideropenia

A condition characterized by reduced levels of iron in the blood, leading to iron deficiency anemia.

Hypercalcemia

A condition characterized by an abnormally high level of calcium in the blood.