A Corporation Has Which of the Following Set of Characteristics

question 217

Multiple Choice

A corporation has which of the following set of characteristics?

• A) Shared control, tax advantages, increased skills and resources
• B) Simple to set up and maintains control with founder
• C) Easier to transfer ownership and raise funds, no personal liability
• D) Harder to raise funds and gives owner control

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Definitions:

Rapid City

A city in South Dakota, United States, known as the "Gateway to the Black Hills" and close to Mount Rushmore.

Tourism

The industry and activity of traveling for pleasure or business, including the services and infrastructure supporting travelers.

Sculpting

The process of shaping or carving materials into art or specific forms, or metaphorically referring to natural forces shaping landscapes.

Landscape

The visible features of an area of land, including physical elements such as landforms, living elements of flora and fauna, and human elements like human intervention.