Which of the following is an advantage of a C Corporation?
A) Setting up and maintaining one is more difficult than for a sole proprietorship or a partnership.
B) Stock is liquid if traded on a major stock exchange.
C) Business losses cannot be deducted against the shareholders' other sources of income.
D) Income is subject to double taxation.
E) Small shareholders typically have little voice in the management of the firm.

Question

Quizplus · Accepted Answer

One advantage of a C Corporation is that stock is liquid if traded on a major stock exchange. This means that shareholders can easily buy or sell their shares, making it easier to raise capital for the company.

Which of the Following Is an Advantage of a C