FOUNDATIONS OF BUSINESS
6th Edition
ISBN: 9780357099292
Author: Pride
Publisher: CENGAGE L
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Question
Chapter 4.5B, Problem 1CC
Summary Introduction
To determine: The advantages of corporation.
Introduction: A corporation is an authoritative type of business that is separate from its proprietors. It is a business that is a different legitimate element from its investors.
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Chapter 4 Solutions
FOUNDATIONS OF BUSINESS
Ch. 4.1B - Prob. 1CCCh. 4.1B - Prob. 2CCCh. 4.1B - Prob. 3CCCh. 4.2B - Prob. 1CCCh. 4.2B - Prob. 2CCCh. 4.2B - Prob. 3CCCh. 4.3C - Prob. 1CCCh. 4.3C - Prob. 2CCCh. 4.4B - Prob. 1CCCh. 4.4B - Prob. 2CC
Ch. 4.4B - Prob. 3CCCh. 4.4B - Prob. 4CCCh. 4.5B - Prob. 1CCCh. 4.5B - Prob. 2CCCh. 4.6C - Prob. 1CCCh. 4.6C - Prob. 2CCCh. 4.7B - Prob. 1CCCh. 4.7B - Prob. 2CCCh. 4.8C - Prob. 1CCCh. 4.8C - Prob. 2CCCh. 4.8C - Prob. 3CCCh. 4.8C - Prob. 4CCCh. 4 - Prob. 1DQCh. 4 - Prob. 2DQCh. 4 - Prob. 3DQCh. 4 - Prob. 4DQCh. 4 - Prob. 5DQCh. 4 - Prob. 6DQ
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- In your opinion, what are the main advantages and disadvantages of organizing a firm as a corporation? If you were starting a business, would you use this option and why?arrow_forwardA corporation is not for everyone, and it could end up costing you more time and money than it's worth. Before becoming a corporation, you should be aware of these potential disadvantages?please mention elaborately?arrow_forwardWhat are the classifications of a corporation?arrow_forward
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