Which of the Following Is an Advantage of a Corporation

question 22

Multiple Choice

Which of the following is an advantage of a corporation?

• A)It is easy to form a corporation.
• B)It requires little expense to form a corporation.
• C)It offers limited liability for its shareholders.
• D)It is a flow-through tax entity.

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Definitions:

Autonomy

The right or condition of self-government, or in a more general sense, the capacity of an individual to make an informed, uncoerced decision.

Ritualism

The excessive or inappropriate repetition of rituals, typically seen in religious or cultural practices but can also reflect certain psychiatric conditions.

Primary Dentition

Refers to the first set of teeth in the growth development of humans and many animals, also known as baby or milk teeth.

Primary Dentition

The first set of teeth in the human dentition cycle, also known as baby or milk teeth, typically includes 20 teeth.