Advantages of a Corporation Include

question 113

Multiple Choice

Advantages of a corporation include:

• A) a single owner.
• B) the double taxation of distributed profits.
• C) limited liability of the stockholders.
• D) mutual agency.

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Definitions:

Services

Intangible products such as healthcare, education, and financial consultation that are consumed by buyers in an economy.

Power Of Population

Refers to the impact that a population size and growth rate can have on resources and environmental conditions.

Subsistence For Man

The minimum means necessary for an individual to maintain their life, including food, shelter, and clothing.

Taller Workers

Refers to employees who are physically taller; this term might be used in contexts discussing physical job requirements or biases related to height in the workplace.