Which of the Following Statements About the Use of a Corporation

question 28

Multiple Choice

Which of the following statements about the use of a corporation is correct?

• A)Use of a corporation will always result in the deferral of taxes.
• B)Use of a corporation can result in a tax saving.
• C)Use of a corporation is more desirable in a province that has low tax rates on individu- als.
• D)Use of a corporation is more desirable in a province that has a low dividend tax credit.

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Definitions:

Independent Variables

Variables in an experiment or model that are manipulated or classified to determine their effect on dependent variables.

Standard Deviation

A way to quantify how much spread or differentiation exists in a dataset.

Shopping Outlet

A retail store or distribution channel through which products are sold to consumers.

Hexatriene

An organic compound containing six carbon atoms connected by a linear chain of alternating single and double bonds.