Which of the Following Is a Difference Between Corporations and Partnerships

question 9

Multiple Choice

Which of the following is a difference between corporations and partnerships?

• A) Partnerships are subject to double taxation; corporations are not.
• B) With partnerships, ownership rights are divisible and easily transferable; this is not true for corporations.
• C) Corporate owners face limited liability; owners of partnerships do not.
• D) Corporations always have more owners than partnerships.

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