Which of the following is NOT a characteristic of a corporation?
A) limited liability for shareholders
B) double taxation
C) separation of ownership problems
D) limited ability to raise capital funds
Correct Answer:
Verified
Q102: Limited liability is a characteristic of
A) partnerships
Q103: Comparing proprietorships with partnerships, which is TRUE?
A)
Q104: Monitoring the performance of the people managing
Q105: Owners may have little to do with
Q106: Implicit costs are measured by
A) the value
Q108: Of the owners of the following firms,
Q109: Explicit costs are
A) the opportunity costs of
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
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