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Which Statement Describes an Advantage of the Corporate Form of Business

Question 46

Multiple Choice

Which statement describes an advantage of the corporate form of business organization in Canada?  


A)  It gives firm owners unlimited liability. 
B)  It gives firm owners limited liability. 
C)  It combines the limited liability of the partnership with the personal control of the sole proprietorship. 
D)  It is the least complex form of business organization.

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