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One of the Chief Reasons for Choosing the S Corporate

Question 48

Multiple Choice

One of the chief reasons for choosing the S corporate form over the general partnership form is that


A) The public has greater trust and respect for businesses operated as corporations.
B) The corporate form, with its three-part structure of shareholders, directors, and management, is a more dynamic business form.
C) The S corporate form is a permitted tax shelter.
D) S shareholders have limited liability.

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