Which of the Following Is an Advantage of Incorporation

question 144

Multiple Choice

Which of the following is an advantage of incorporation?

• A) Shareholders are liable for debts of the corporation.
• B) There are no tax advantages as compared to a sole proprietorship.
• C) Shareholders can veto decisions of directors.
• D) Shares are easily transferred.
• E) Shareholders owe a duty to the corporation.

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Definitions:

World Wide Web

An information system where documents and other web resources are identified by Uniform Resource Locators (URLs), interconnected by hypertext links, and accessible via the Internet.

American Media Imperialism

The dominance of American media products, including television, movies, and music, over local cultures around the world, often leading to concerns about cultural homogenization.

Authorities

Denotes the organizations or governing bodies with the power to make decisions, enforce laws, and implement policies in a society.

Resistance

The refusal to accept or comply with something; in social contexts, it often relates to opposition against policies, norms, or changes perceived as unjust.