QUESTION

1. Which of the following statements is CORRECT?   a. One of the disadvantages of a sole proprietorship is that the p

Category: Business
Subject: Finance
Due Date: 01/27/2016
Question Asked: 2016-01-27 18:09:17

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1. Which of the following statements is CORRECT?

 

a. One of the disadvantages of a sole proprietorship is that the proprietor is exposed to 

unlimited liability.

 

b. It is generally easier to transfer one’s ownership interest in a partnership than in a 

corporation.

 

c. One of the advantages of the corporate form of organization is that it avoids double taxation.

 

d. One of the advantages of a corporation from a social standpoint is that every stockholder has 

equal voting rights, i.e., "one person, one vote."

 

e. Corporations of all types are subject to the corporate income tax.


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1. Which of the following statements is CORRECT?   a. One of the disadvantages of a sole proprietorship is that the p

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Posted on 2016-01-27 18:09:18

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...lity. b. It is generally easier to transfer one’s ownership interest in a partnership than in a corporation. c. O...

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