Which of the following statements are correct? a. One advantage of forming a corporation is that you

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Which of the following statements are correct?

a. One advantage of forming a corporation is that you have limited liability.

b. Corporations face fewer regulations than sole proprietorships.

c. One disadvantage of being a sole proprietor is that you have to pay corporate taxes, even though you don't realize the benefits of being a corporation.

d. Statements b and c are correct.

e. None of the statements above is correct.

Related Book For answer-question

Fundamentals of Corporate Finance

ISBN: 978-1118845899

3rd edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Posted Date: Jan 03, 2021 08:54 PM

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Which of the following statements are correct? a. One advantage of forming a corporation is that you

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Fundamentals of Corporate Finance

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