All of the Following Are Advantages to Organizing as a Corporation

question 64

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:

Appraised Value

An estimation of the value of property, typically real estate, as determined by a professional appraiser based on market conditions and property characteristics.

Equity Income

Income that comes from stock dividends or the sale of shares, reflecting earnings from investment in equity securities.

Straight-Line Basis

An accounting method used for calculating depreciation by evenly dividing an asset's value over its expected lifespan.