An advantage of a corporation is
A) the ability to raise large sums of financial capital.
B) unlimited liability on the part of shareholders.
C) the fact that ownership and control are never separated.
D) the fact that the corporation is dissolved when one of its owners dies.
Correct Answer:
Verified
Q110: Implicit costs are
A) the costs of using
Q111: The double taxation of corporate profit in
Q112: Accounting costs represent
A) explicit costs paid by
Q113: Which is the best example of a
Q114: The form of business organization responsible for
Q116: The implicit cost incurred by a firm
Q117: The owners of a corporation are
A) the
Q118: Corporations have a separation and control problem
Q119: In general, which form of business organization
Q120: The main advantage of a corporate form
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