Hudson and Ilsa Want to Market a New Line of Kayaks

question 70

Multiple Choice

Hudson and Ilsa want to market a new line of kayaks and related gear under the brand name Journeys as a corporation-Journeys Inc. To avoid income taxes at the corporate level, they should form​

• A) ​an alien corporation.
• B) a close corporation.
• C) an S corporation.
• D) a private corporation.

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Definitions:

Unpredictable

Not able to be predicted; capable of changing or varying without apparent reason or pattern.

Dangerous

Refers to something that is likely to cause harm or injury.

Arab World

A region comprising 22 Arabic-speaking countries in the Middle East and North Africa that share cultural, historical and linguistic ties.

Compassion And Humanity

The recognition of suffering in others coupled with the desire to alleviate it, reflecting the qualities central to human kindness.