Which of the following statements are correct? a. One advantage of forming a corporation is that you
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Question:
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
Fundamentals of Corporate Finance
ISBN: 978-1118845899
3rd edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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