Which Statement Regarding Corporations Is Most Accurate

question 19

Multiple Choice

Which statement regarding corporations is most accurate?

• A)Due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of businesses are organized as corporations.
• B)Due to legal considerations related to ownership transfers and limited liability, most business is conducted by corporations in spite of large corporations' often less favourable tax treatment.
• C)Large corporations are taxed more favourably than sole proprietorships.
• D)Corporate stockholders are exposed to unlimited liability.

---

Definitions:

Control

The power to influence or direct people's behavior or the course of events.

Emotion Management

The process by which individuals control or manage their feelings and expressions based on the social expectations of various situations.

Feeling Rules

Social norms that dictate the appropriate types and intensities of emotions to be felt and expressed in given situations.

Emotion Labour

The process of managing and often suppressing one's emotions to fulfill the emotional requirements of a job or role in society.