-____________________ Are Recognized by Visual Basic as Part of Its

question 20

Essay

-____________________ are recognized by Visual Basic as part of its programming language,appearing in blue in the Code window.

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Definitions:

Double Taxation

A situation where the same income is taxed twice, often referring to corporate profits taxed at both the company and shareholder levels when dividends are distributed.

Disadvantage

An unfavorable condition or circumstance that reduces one's ability to achieve or accomplish something.

Corporate Form

A legal entity status that allows a group to operate as a single entity recognized by law, typically providing limited liability to its owners.

Corporate Liability

The legal and financial responsibilities a corporation faces for its actions or failures to act, potentially including civil liabilities or criminal penalties.