Corporations have many advantages over other forms of business. Select from the list below the advantages of the corporate form of business.

1. Low Start-up Costs

2. Income Splitting

3. Limited Liability

4. Lower tax rates

5. Less regulation and reporting

A.3,4

B.1,2,3,4

C.2,4,5

D.2,3,4

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The correct answer is D 234 Heres why L... View the full answer