Which of the following is not considered to be an advantage of a corporation?a. Limited liability of stockholders for the corporation’s debtsb. Continuous lifec. Double taxationd. Ability to raise more capital than a partnership or proprietorship
Which of the following is not considered to be an advantage of a corporation?a. Limited liability of stockholders for the corporation’s debtsb. Continuous lifec. Double taxationd. Ability to raise more capital than a partnership or proprietorship
Chapter11: The Corporate Income Tax
Section: Chapter Questions
Problem 13MCQ
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Which of the following is not considered to be an advantage of a corporation?
a. Limited liability of stockholders for the corporation’s debts
b. Continuous life
c. Double taxation
d. Ability to raise more capital than a partnership or proprietorship
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