Which of the Following Are Advantages of the Corporate Form

question 33

Multiple Choice

Which of the following are advantages of the corporate form of organisation?
I.ability to raise large sums of equity capital
II.ease of ownership transfer
III.both profits and dividends are taxed
IV.limited liability for all owners

• A)I and II only
• B)III and IV only
• C)II,III and IV only
• D)I,II and IV only
• E)I,II,III and IV

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Definitions:

Payments

Transactions or transfers of money from one party to another, often in exchange for goods or services.

Annuity

A series of payments of a fixed amount for a specified number of periods.

Supplement Income

Additional income earned beyond the primary source of income, often used to meet extra expenses or save for future needs.

Going Rate

The current average or standard price for goods or services in a particular market or industry.