Question: Which statement about corporations is correct? a . There is double taxation: corporations pay corporate tax and shareholders pay tax on dividends received. b .

Which statement about corporations is correct?
a. There is double taxation: corporations pay corporate
tax and shareholders pay tax on dividends received.
b. There is no separation of ownership and control.
c. Corporations are taxed at the personal tax rate.
d. Corporations are not as popular as sole proprietor-
ships as a form of business organization.

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