Which of the Following Is a Key Difference Between a Corporation

question 80

Multiple Choice

Which of the following is a key difference between a corporation and a sole proprietorship?

• A) Compared to establishing a proprietorship, establishing a corporation is easier.
• B) Unlike a corporation, a proprietorship is subject to double taxation.
• C) Regulatory requirements are less severe for corporations than sole proprietorships.
• D) Unlike a sole proprietorship, a corporation is subject to limited liability.
• E) Establishing a sole proprietorship has complex legal requirements unlike a corporation.

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Definitions:

Birth Defects

Abnormalities present at birth that can cause physical or mental disabilities, ranging from mild to severe.

Cesarean Section

A surgical procedure used to deliver a baby through incisions in the mother's abdomen and uterus.

Abdominal Wall

The layer of muscles, skin, and tissues that encloses and protects the abdominal cavity and its organs.

Total Fertility Rate

A demographic measure indicating the average number of children a woman will have during her childbearing years, typically presented as a figure per woman.