menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Tools Study Set 4
  4. Exam
    Exam 11: Reporting and Analyzing Stockholders Equity
  5. Question
    Which of the Following Phrases Is <B>not</b> Descriptive of the Corporate
Solved

Which of the Following Phrases Is not Descriptive of the Corporate

Question 6

Question 6

Multiple Choice

Which of the following phrases is not descriptive of the corporate form of business?


A) Professional management.
B) Double taxation on distributed earnings.
C) Unlimited liability.
D) Continuous existence.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: The declaration and distribution of a stock

Q4: Dividends in arrears are dividends on<br>A)cumulative preferred

Q8: Regular dividends are declared out of<br>A)paid-in capital

Q9: Ace Inc.has 10,000 shares of 4%, $100

Q10: Dividends in arrears on cumulative preferred stock<br>A)never

Q54: A corporation acts under its own name

Q68: When no-par common stock with a stated

Q69: Treasury stock is a contra-stockholders' equity account.

Q88: The per share amount normally assigned by

Q137: A liability arises when the board of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines