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

Q: How do the procedures for closing income summary of a corporation differ from those of a sole…

A: Partnership: It is a form of business where two or more people come together to form a business.…

Q: Double taxation of corporate income results because dividend distributions are included in a…

A: Double taxation means tax is levied twice on the same source of income or financial transaction.…

Q: 46. Which of the following is not one of the advantages of organizing a business as a corporatiot a.…

A: Corporation: Corporation is an entity incorporated under the authorized corporate laws of a country…

Q: For a Corporation, is it better to maintain a minority interest in an investment, or own enough…

A: A corporation's ultimate owners are its stockholders. They have the power to elect directors, vote…

Q: Which of the following is not considered to be a characteristic of the corporate form of…

A: A corporate is an seperate legal entity with limited liability.

Q: A payment that a corporation makes to its shareholders out of the profits of a corporation is…

A: The profits earned by a corporation are either retained in the business or distributed to the…

Q: Pass through. If the corporation is structured as an S corporation, profits and losses are…

A: Meaning of "Passed Through" Status : It is a concept in which the income or loss of an entity is…

Q: Which of the following is true about a corporation? It combines the advantages of the other…

A: A corporation is a legal entity that is separate and distinct from its owners. This separation…

Q: Which of the following rights allows a shareholder of a corporation to maintain his or her…

A: 1. Preemptive right : it allows shareholder to maintain their proportionate interest in corporation…

Q: Which of the following is not true of a corporation? A corporation has easy transferability of…

A: See table for additional informations..The concept of limited liability is a fundamental…

Q: Which of the following is an advantage of a corporation? ANSWER O O O C The earnings of a…

A: Solution: The advantage of a corporation is  "Transfer of a corporation ownership is easy"

Q: One of the following characteristics of a corporation is deemed a disadvantage. Which is it? a.…

A: Corporation is a finance by the shareholders and handled by the management and employees. We can…

Q: Which of the following statements is true about a Subchapter S corporation?   It is taxed like a…

A: There are mainly various types of organization under which an organization can run business. One of…

Q: What advantages does a corporation have over a sole proprietorship? Whatare the disadvantages of a…

A: There exist different forms of business structures from which we can choose while incorporating a…

Q: 1. List and describe the four corporate characteristics.

A: "Since you have asked multiple questions, we will solve the first question for you". If you want any…

Q: A sole proprietorship business is planning to incorporate its business to acquire more capital…

A: Company refers to the legal entity which is formed through the group of the individuals that engage…

Q: Which one of the following is not an ownership right of a stockholder in a corporation? * O To vote…

A: Introduction: Stockholder: One who holds stocks of the corporation called as stockholder of the…

Q: A C-corporation has the following advantages EXCEPT limited liability avoiding double taxation…

A: Corporation- A corporation is a separate legal entity that is separate and distinct from its owners.…

Q: What expense do corporations incur that sole proprietorships and partnerships do not?

A: Corporation: The form of business entity ,which is incorporated by state law into a separate legal…

Q: taxable entity. c.Ownership is divided into shares of stock. d.A corporation's resources are limited…

A: The term "corporation" refers to  legal entity . corporation is a separate legal entity from its…

Q: An individual provides accounting services to a corporation in exchange for stock. the shareholder…

A: Recognition of revenue - is an important aspect of accounting of revenue to be presented during the…

Q: Which of the following is a disadvantage of the corporate form of organization? difficulty in…

A: The corporate form of organization might pay corporate income taxes on their earnings which is…