Which of the following statements best describes a corporation?
A)can be single or multiple owners
B)taxed separately
C)most expensive to establish
D)all of the above

Question

Quizplus · Accepted Answer

Corporations can have one or multiple owners (shareholders), are taxed separately from their owners, and are generally the most expensive type of business structure to establish due to legal and filing fees, making "all of the above" the correct choice.

Which of the Following Statements Best Describes a Corporation