Which of the following is NOT a characteristic of a corporation?
A) Limited liability for shareholders
B) Double taxation
C) Separation of ownership problems
D) Limited ability to raise capital funds
Correct Answer:
Verified
Q101: Corporations account for
A) the largest proportion of
Q102: Limited liability is a characteristic of
A) partnerships
Q104: Monitoring the performance of the people managing
Q105: Owners may have little to do with
Q110: Implicit costs are
A) the costs of using
Q111: The double taxation of corporate profit in
Q114: The form of business organization responsible for
Q115: An advantage of a corporation is
A) the
Q117: The owners of a corporation are
A) the
Q118: Corporations have a separation and control problem
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