Which of the following does not describe the benefit of operating in the corporate form (excluding closely
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Question:
Which of the following does not describe the benefit of operating in the corporate form (excluding closely held corporations)?
a. The liability of the shareholders is limited.
b. Many owners (shareholders) can participate.
c. Profits can pass to the shareholders without taxation at the corporate level.
d. Governance can be spread among a number of individuals.
Related Book For
Statistical Reasoning for Everyday Life
ISBN: 978-0321817624
4th edition
Authors: Jeff Bennett, Bill Briggs, Mario F. Triola
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