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Author Question: Which statement regarding corporations is most accurate? (Read 17 times)

amymoore

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Which statement regarding corporations is most accurate?

Due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of businessesbeginas corporations.


Large corporations have more tax advantages than partnerships.


Due to legal considerations related to ownership transfers and limited liability, most business is conducted by corporations in spite of large corporations’ often less favourable tax treatment.


Corporate shareholdershaveunlimited liabilitywhen the corporation becomes bankrupt.



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Marked as best answer by amymoore on Aug 7, 2023

KobyRhoads

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amymoore

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it


TheNamesImani

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Reply 3 on: Yesterday
Excellent

 

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