Which of the following corporate characteristics is a disadvantage of a corporation?
A) Stockholders of a corporation have limited liability.
B) A corporation has a continuous life.
C) There is no mutual agency among the stockholders and the corporation.
D) Earnings of a corporation are taxed twice.
Correct Answer:
Verified
Q6: The retained earnings of a corporation is
Q7: Which of the following is true of
Q8: Which of the following statements is true
Q9: Which of the following is true of
Q10: Preferred stock is a stock:
A)that sells for
Q12: All classes and types of a corporation's
Q15: The two basic sources of stockholders' equity
Q16: Outstanding stock refers to the:
A)shares of stock
Q17: Stockholders of a corporation are not personally
Q40: Retained earnings represents amounts received from stockholders
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