Which of the Following Is an Advantage to Having the Ability

question 57

Multiple Choice

Which of the following is an advantage to having the ability to use agents:

• A) expanded business opportunities
• B) reduced tax burden
• C) exemption from income tax
• D) creation of many small companies within one larger company
• E) easier organization of a company

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Definitions:

Purpose Clause

A part of a legal document that states the intentions or objectives that the respective document or section is meant to achieve.

Articles Of Incorporation

The document filed to create a corporation, detailing its structure, purpose, and regulations.

Lawful Business

Business operations that are conducted in accordance with the law.

Federal Criminal

pertaining to crimes that violate the laws established by a federal government, rather than those of a state or local jurisdiction.