Which of the Following Is an Attractive Benefit of a Corporation

question 78

Multiple Choice

Which of the following is an attractive benefit of a corporation?

• A)Corporations can enjoy double taxation.
• B)Unlike limited partnerships,all owners of corporations are passive investors.
• C)Corporations can protect its owners with unlimited liability.
• D)Corporations can attract employees by offering stock options.

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Definitions:

Case Digests

Summaries or abstracts of legal decisions made by courts that outline the key points, intended for quick reference or research.

Persuasive Authorities

Legal sources that can influence a decision but are not binding on the court, such as cases from other jurisdictions or legal treatises.

Binding

Having legal force or effect; obligating parties to comply with the terms set forth in a contract or agreement.

Courts

The governmental institutions authorized to settle disputes between parties in legal matters.