What is a reason that a corporation might choose to "split" its stock?.
_____ a)Double taxation refers to the fact that both a partnership and its partners must pay income tax on the earnings of the partnership.
_____ b)A sole proprietorship is an accounting entity separate from its owner.
_____ c)Limited liability is a benefit to corporations and to sole proprietorships.
_____ d)A corporation's life continues when a shareholder dies or sells his or her stock.
_____ e)Sole proprietorships are, generally, subject to fewer governmental regulations than corporations.
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