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Author Question: Which statement regarding corporations is most accurate? (Read 53 times)

amymoore

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on: Aug 7, 2023
Which statement regarding corporations is most accurate?

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


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Large corporations have more tax advantages than partnerships.


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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.


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Corporate shareholdershaveunlimited liabilitywhen the corporation becomes bankrupt.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by amymoore on Aug 7, 2023

KobyRhoads

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Reply #1 on: Aug 7, 2023
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amymoore

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Reply 2 on: Aug 7, 2023
:D TYSM

chjcharjto14

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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