Which Form of Business Organization Experiences Double Taxation

question 13

Multiple Choice

Which form of business organization experiences double taxation?

• A) partnership
• B) corporation
• C) venture company
• D) sole proprietorship

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Definitions:

Improper Fraction

A fraction where the numerator is greater than or equal to the denominator, representing a value greater than or equal to one.

Fraction

A numerical value that represents a fraction of a whole but is not an integer.

Mixed Number

A number consisting of an integer and a proper fraction, representing a value between two whole numbers.

Fraction

A numerical quantity that is not a whole number, representing a part of a whole.