Which of the Following Is an Advantage of a C

question 28

Multiple Choice

Which of the following is an advantage of a C corporation?

• A)The process of forming a C corporation is simple and inexpensive.
• B)The members are entitled to choose the mode of tax treatment.
• C)The firm is free from double taxation.
• D)The shareholders have limited liability in the firm.

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Definitions:

Open Pit Coal Mining

The practice of extracting coal from the earth by removing surface layers to create an open pit or borrow, rather than tunneling underground.

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An approach to critical thinking that considers the whole picture, including context, perspectives, and possible impacts.

Scoring Rubric

A set of criteria and standards typically used for assessing and grading assignments or performances across several dimensions.