One of the Advantages That Corporations Have as a Business

question 93

True/False

One of the advantages that corporations have as a business organization is that corporate profits are only taxed once.

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Definitions:

Small Business Administration

A U.S. government agency that provides support to entrepreneurs and small businesses, including loans, loan guarantees, and other resources.

Executive Agency

An agency that is typically located within the executive branch, under one of the cabinet-level departments. The agency head is appointed by the president with the advice and consent of the Senate and may be discharged by the president at any time, for any reason. Also called a cabinet-level agency.

Administrative Procedures Act

A United States federal statute that governs the way administrative agencies of the federal government may propose and establish regulations, ensuring transparency and fairness in the administrative process.

Investigations

Systematic inquiries or examinations into something, with the aim to discover or establish facts or truths.