Question: (TCO A) Double taxation is a drawback for which of the following types of business organization except? C) S corporation C) C corporation C)

(TCO A) Double taxation is a drawback for which of the following

types of business organization except? C) S corporation C) C corporation C)

(TCO A) Double taxation is a drawback for which of the following types of business organization except? C) S corporation C) C corporation C) Limited partnership O Limited liability company Question 2 (TCO A) The one thing that makes a corporation different from the other forms of business ownership is O O O O legally, the corporation is the same as its owners. it requires all owners to share liability equally it is a legally defined entity, completely separate from its owners. it protects small shareholders, allocating most of any liability to those who own more stock

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