A Corporation Has Which of the Following Set of Characteristics

question 41

Multiple Choice

A corporation has which of the following set of characteristics?

• A)shareholder control, income tax disadvantages, increased skills and resources
• B)simple to set up and maintains control with founder
• C)harder to raise funds and gives shareholders control
• D)Easier to transfer ownership and raise funds, no personal liability

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Definitions:

Copyright

A legal right granted to the creator of original works of authorship, allowing exclusive use and distribution.

Musical Work

A creative piece of music which has been composed, written, or recorded.

Engine

A machine designed to convert one form of energy into mechanical energy.

Lift

In the context of business and marketing, it refers to an increase or improvement in a certain metric such as sales or engagement resulting from a specific action or campaign.