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:

Intranets

Private networks used within an organization, designed to facilitate information sharing, collaboration, and communication among employees.

Computer Systems

Electronic systems that process, store, and communicate data, consisting of hardware (physical components) and software (programs and applications).

Operational Effectiveness

The ability of an organization to perform activities efficiently and effectively, maximizing the value of resources used.

Electronic Commerce

The buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.