Which of the following would be a reason a business is structured as a C corporation? a.

Question:

Which of the following would be a reason a business is structured as a C corporation?

a. The corporation can use personal assets of its shareholders to satisfy any business liabilities.

b. The corporation can continue if any one or more of the owners are no longer affiliated with the business.

c. The corporation does not need to generate a separate tax return for business expenses.

d. The corporation is not required to file legal paperwork to start up the business.

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

Step by Step Answer:

Related Book For  book-img-for-question

Better Business

ISBN: 9780136679745

6th Edition

Authors: Michael R. Solomon, Mary Anne Poatsy, Kendall Martin

Question Posted: