Which of the Following Are Advantages of the Corporate Form

question 38

Multiple Choice

Which of the following are advantages of the corporate form of business ownership?
I.limited liability for firm debt
II.double taxation
III.ability to raise capital
IV.unlimited firm life

• A)I and II only
• B)III and IV only
• C)I, III, and IV only
• D)II, III, and IV only
• E)I, II, III, and IV

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Definitions:

Productivity Increase

An improvement in the efficiency of producing goods or services, measured by the output produced per unit of input over time.

Hot-glue Gun

A handheld tool that melts adhesive sticks to apply hot glue for bonding materials quickly.

Wood Glue

An adhesive specifically formulated for bonding wood surfaces together.

Output Units

The units of production or service delivery output by a process or system within a given period.