Which of the Following Statements Is Most Correct

question 37

Multiple Choice

Which of the following statements is most correct?

• A)An advantage to incorporation is that it allows for less regulation of the business.
• B)An advantage of a corporation is that it is subject to double taxation.
• C)Unlike a partnership,a disadvantage of a corporation is that has limited liability.
• D)Corporations face more regulations when compared to partnerships.

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Definitions:

Second Amendment

An amendment to the United States Constitution that protects the right of the people to keep and bear arms.

Well-Regulated Militia

historically refers to a group of citizens organized for military service in order to provide for the common defense, as mentioned in the Second Amendment.

Bear Arms

The right to possess and carry weapons, often cited in the context of the Second Amendment of the United States Constitution.