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:

Theorists

Theorists are individuals who develop and present theories in various fields, offering explanations or models to describe phenomena observed in the natural or social world.

Religion

A structured set of beliefs, practices, and systems that relates humanity to spiritual, divine, or moral elements.

Necessary Factor

An essential element or condition required for a particular process or outcome to happen.

Religiosity

The intensity of an individual's religious beliefs, practices, and devotion.