Which of the Following Statements Is Most Correct

question 3

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 it has limited liability.
• D)Corporations face more regulations when compared to partnerships.

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Definitions:

Psychology

The scientific study of the mind and behavior, encompassing various aspects of conscious and unconscious experience as well as thought.

Pure Sociology

A theoretical approach in sociology that seeks to explain social phenomena in objective, universal terms, focusing on social structures and their functions.

Relationships

Connections or interactions between individuals or entities based on social, emotional, or professional ties.

Provide Aid

To offer assistance, support, or relief to individuals or groups in need.