Which of the following is a characteristic of a corporation? a. No income tax b. Limited liability

Question:

Which of the following is a characteristic of a corporation?

a. No income tax

b. Limited liability of stockholders

c. Mutual agency

d. Both b and c

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Financial Accounting

ISBN: 978-0134725987

12th edition

Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.

Question Posted: