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Refer to Fact Pattern 13-1

Question 445

Multiple Choice

Refer to Fact Pattern 13-1. An advantages for Jeanette of incorporating is that:


A) she has unlimited liability for corporation debts
B) the corporate veil may never be pierced
C) she has limited liability for corporation debts
D) she is taxed personally for all corporation profits
E) she must dissolve the corporation before she adds new members to the firm

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