Which of the following characteristics is an advantage of the corporate form of business?
A) Higher degree of government regulation
B) The potential to raise large amounts of capital
C) Separation of ownership and management
D) Double taxation
Correct Answer:
Verified
Q4: All forms and classes of stock carry
Q5: Which of the following statements describes the
Q6: A disadvantage of the corporation is the
Q7: What authority determines how many shares of
Q8: A corporation is a separate legal entity
Q10: The formation of a corporation is generally
Q11: Different classes and types of stock carry
Q12: Which of the following statements describes the
Q13: Stockholders of a corporation have unlimited liability
Q14: Which of the following statements describes the
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