All of the Following Are Advantages to Organizing as a Corporation

question 40

Multiple Choice

All of the following are advantages to organizing as a corporation except ____.

• A) Limited liability
• B) Double taxation
• C) Easy access to capital
• D) Easy to transfer ownership

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Definitions:

Eight-Cylinder

Referring to an engine with eight cylinders, typically known for providing a higher level of performance and power.

Automobile Engine

A machine designed to convert various forms of energy into mechanical force and motion to power an automobile.

Probability

An indicator of the probability of an event happening, expressed as a numeric value ranging from 0 to 1, with 0 meaning the event cannot happen and 1 meaning the event is certain to happen.

Poisson Distribution

A probability distribution used to model the number of times an event occurs in a fixed interval of space or time.