Which of the Following Is an Attractive Benefit of a Corporation

question 78

Multiple Choice

Which of the following is an attractive benefit of a corporation?

• A)Corporations can enjoy double taxation.
• B)Unlike limited partnerships,all owners of corporations are passive investors.
• C)Corporations can protect its owners with unlimited liability.
• D)Corporations can attract employees by offering stock options.

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Definitions:

Free Exercise of Religion

The right to practice one's religion freely without governmental interference, as protected by the First Amendment in the U.S. Constitution.

Establishment Clause

A provision in the First Amendment of the U.S. Constitution that prohibits the government from establishing an official religion.

Full Faith and Credit Clause

A clause in the U.S. Constitution requiring each state to recognize and honor the public acts, records, and judicial proceedings of every other state.

Commerce Clause

A provision in the United States Constitution giving Congress the power to regulate commerce with foreign nations, and among the several states.