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Understanding Corporation Concepts Quiz

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1. What is a corporation?

2. Which of the following is an advantage of a corporation?

3. What is double taxation in the context of a corporation?

4. What entity makes the major decisions in a corporation?

5. What type of corporation is owned by a single individual?

6. What is a multinational corporation?

7. Which of the following best describes the concept of 'corporate governance'?

8. Which organization regulates corporations in the United States?

9. What is a 'public corporation'?

10. What is Corporate Social Responsibility (CSR)?