Author Question: Which of the following forms of doing business has/have double taxation as opposed to flow-through ... (Read 66 times)

armygirl · **on:** Jun 24, 2018

Which of the following forms of doing business has/have double taxation as opposed to flow-through taxation?
A) S corporations
B) C corporations
C) Sole proprietorships
D) All of the above

Question 2

When a general partnership is dissolved, which of the following is a correct statement?
A) The partnership is terminated.
B) The partners no longer have personal liability for the partnership debts.
C) The partners no longer have authority to contract.
D) Some of the partners may have the right to continue the partnership.