Which of the Following Is a Way That a Corporation

question 85

Multiple Choice

Which of the following is a way that a corporation can avoid double taxation?

• A)By forming a C corporation
• B)By forming a D corporation
• C)By forming an S corporation
• D)By forming an F corporation
• E)By forming a traditional corporation

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Definitions:

Payment Full Monthly

This refers to the practice of paying the entire amount due for a service or debt every month, without carrying over any balance to the next month.

Truth in Lending Act

A national regulation aimed at encouraging the knowledgeable use of consumer credit through mandated disclosures regarding its conditions and expenses.

Fair Credit Reporting Act

A U.S. federal law that regulates the collection, dissemination, and use of consumer credit information.

Credit Bureaus

Organizations that collect, maintain, and provide consumer credit information for the purpose of evaluating creditworthiness.