Which of the following statements about the professional corporation form of business organization is not true?
A) The professional employees are liable for their own acts.
B) Corporations are not restricted by legal requirements, as are smaller sole proprietorships and partnerships.
C) Tax advantages exist that are related to fringe benefits for the corporation and its employees.
D) Reorganization of the corporation after a change in shareholders is not necessary.
Correct Answer:
Verified
Q5: Which healthcare professional is trained to practice
Q10: The agency that inspects facilities for workplace
Q11: The allied health specialist who performs ultrasound
Q13: A method of prioritizing patients so that
Q15: Which procedure was first performed by Dr.
Q16: Which two scientists developed a vaccine that
Q18: A medical doctor who specializes in the
Q20: Which statement best describes the main difference
Q28: The organization committed to research and delivery
Q37: What was John Hunter's major contribution to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents