Which of the Following Is an Advantage of a Corporation

question 62

Multiple Choice

Which of the following is an advantage of a corporation over a sole proprietorship?

• A)A corporation is easy to set up.
• B)Corporate tax laws are often less attractive than personal tax laws.
• C)Shareholders' liability is limited to their investment in the corporation.
• D)In a sole proprietorship, it is easier to transfer ownership.

---

Definitions:

African Canadian

An individual of African descent who is a Canadian citizen or resident.

Polish Canadian

An individual of Polish descent residing in Canada, or pertaining to the culture and community of Polish Canadians.

Department Heads

Individuals who lead, manage, and make decisions for specific divisions or departments within an organization.

Grouped Bar Graph

A graphical display used to compare multiple categories of data across different subcategories, using bars grouped together.