Which of the following statements is MOST CORRECT? Select one: a. Unlimited liability and limited life are
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Question:
Which of the following statements is MOST CORRECT?
Select one:
a. Unlimited liability and limited life are two key advantages of the corporate form over other forms of business organization.
b. It is harder to transfer one’s ownership interest in a partnership than in a corporation.
c. In part due to limited liability and ease of ownership transfer, corporations have more trouble raising money in financial markets than other organizational forms.
d. Sole proprietorships are subject to more regulations than corporations.
e. One of the advantages of the corporate form of organization is that it avoids double taxation.
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