An Advantage of a Partnership Over a C Corporation Is

question 19

True/False

An advantage of a partnership over a C corporation is that there is no "double taxation" of partnership income.

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Definitions:

Shear

A strain in rock or other material resulting from pressure differences, causing parts of the material to slide past one another along a plane.

Tension

A force that stretches something to make it longer or wider.

Solid-State Alteration

The process of mineralogical and structural changes in rocks without melting, often through heat, pressure, or chemical exchange.

Metamorphic

Pertaining to rock that has undergone transformation by heat, pressure, or other natural agencies.