A corporation has legal status like an individual citizen.
Correct Answer:
Verified
Q12: Double taxation is a problem for corporations.
Q13: One of the advantages that corporations have
Q14: More than 80 percent of American firms
Q15: When business is profitable, corporate managers will
Q16: One disadvantage of corporations is the double
Q18: Many individuals are reluctant to buy common
Q19: The basic disadvantage of a proprietorship is
Q20: A partnership requires the agreement of most
Q21: Whenever the interest rate goes up, the
Q22: Stocks are riskier for buyers because there
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents