Which of the Following Statements Is Considered an Advantage of the Corporate

question 30

Multiple Choice

Which of the following statements is considered an advantage of the corporate form of organization?

• A)additional income tax
• B)government regulations
• C)limited liability of shareholders
• D)increased disclosure requirements

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Definitions:

True Inequality

A statement of inequality that is valid for the values it involves.

Real Number Line

A line that graphically represents all possible real numbers, both positive and negative, including integers and fractions.

Ascending Order

Arranging numbers or other elements in a sequence from the smallest to the largest value.

Approximate

To approximate means to find a value close to the exact answer, often through estimation or rounding.