It Is a Disadvantage of ________ That Retained Profits Are

question 16

Multiple Choice

It is a disadvantage of ________ that retained profits are taxed twice. It is a disadvantage of ________ that bad decisions are not checked by the need for consensus.

• A)a sole proprietorship; both a partnership and a sole proprietorship
• B)a corporation; a sole proprietorship
• C)both a partnership and a sole proprietorship; a partnership
• D)a corporation; both a partnership and a sole proprietorship
• E)both a corporation and a partnership; a sole proprietorship

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Definitions:

Healthy Life Expectancy

The average number of years a person can expect to live in full health, without disease or injury.

World Leader

A person who holds a significant position of authority in a national government or international organization, influencing global or regional politics and policies.

Nation

A large body of people united by common descent, history, culture, or language, inhabiting a particular country or territory.

Years

Units of time consisting of 365 or 366 days, used to measure time in terms of past, present, and future.