Which of the following is an advantage of ownership of a corporation compared to that of a sole proprietorship?
A) The owners of the corporation have unlimited liability for the firm's debts.
B) It is the simplest to start.
C) The corporation has an unlimited life.
D) Dividends received by the corporation's shareholders are tax-exempt.
E) It is more difficult to transfer ownership in a corporation.
Correct Answer:
Verified
Q12: Which one of the following statements is
Q190: The division of profits and losses between
Q191: Bylaws are:
A) The terms by which partnership
Q192: Which of the following questions is not
Q193: The secondary market is the market wherein
Q196: The possibility of conflict of interest between
Q197: A partnership:
A) Is taxed the same as
Q198: Tasks related to tax management, cost accounting,
Q199: Which of the following is not a
Q200: The ultimate responsibility for a corporation rests
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