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:

Accidents

Accidents are unexpected events that result in injury or damage, often occurring because of a lack of caution or unforeseen circumstances.

Cause of Death

The specific injury, disease, or failure of a vital bodily function resulting in an individual's death.

Young Children

Individuals in the early stages of childhood, typically considered to be between the ages of 2 and 6 years old.

Guidelines

Recommended practices or directions intended to guide actions or standards in a specific field or situation.