In terms of total number of businesses by form of ownership, corporations are more common than sole proprietorships.
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Q13: As business entities, corporations may engage in
Q14: One benefit of a limited liability company
Q15: Choice of ownership determines the degree to
Q16: Ralph Flores owns and operates his own
Q17: In terms of total net income, sole
Q19: One advantage of a general partnership is
Q20: Sole proprietorships generally have a distinct advantage
Q21: Owners of corporations are known as stockholders.
Q22: In C corporations, the board of directors
Q23: Corporations can operate under a corporate charter
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