Double taxation on profits is:
A) a disadvantage to the corporate form of organization
B) an advantage to the corporate form of organization
C) an incentive for governments to lower sales taxes for corporations
D) a driving force behind the trend of businesses moving overseas
E) a clever economic strategy
Correct Answer:
Verified
Q392: Limited liability is:
A) a disadvantage to the
Q393: The _ refers to the ability of
Q394: When a court holds shareholders personally liable
Q395: The sale of shares in a closed
Q396: The profits of partnerships are taxed:
A) the
Q398: When a court "pierces the corporate veil"
Q399: If a partner assigns his interests in
Q400: When a court holds shareholders personally liable
Q401: To get the right to sell goods
Q402: The New York Stock Exchange is an
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