Which of the Following Is NOT a Reason for Incorporating

question 52

Multiple Choice

Which of the following is NOT a reason for incorporating a business?

• A)There is limited liability.
• B)Ownership is relatively easy to transfer.
• C)It is easier to form than a proprietorship.
• D)Corporate tax laws may allow tax deferral or avoidance.

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Definitions:

Cancellation

In mathematics, the process of simplifying expressions by eliminating factors or terms that are common to both the numerator and the denominator.

Add

The mathematical operation of combining two or more quantities to get a total sum.

Fractions

A mathematical expression representing the division of one quantity by another, denoting parts of a whole.

Arabic Numerals

The numeral system of digits used globally (0, 1, 2, 3, etc.), originating from the Arabic-speaking world and now common in most countries.