Corporations are legally formed by filing articles of organization with the state in which the corporation will be created.
Corporations file articles of incorporation.
Correct Answer:
Verified
Q3: Both tax and nontax objectives should be
Q4: S corporation shareholders are legally responsible for
Q6: In certain circumstances, C corporations can elect
Q8: Unincorporated entities with only one individual owner
Q9: S corporations have more restrictive ownership requirements
Q10: For tax purposes, only unincorporated entities can
Q10: LLC members have more flexibility than corporate
Q10: All unincorporated entities are generally treated as
Q13: General partnerships are legally formed by filing
Q15: C corporations and S corporations are separate
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