Which of the Following Are Advantages of the Corporate Form

question 38

Multiple Choice

Which of the following are advantages of the corporate form of business ownership?
I.limited liability for firm debt
II.double taxation
III.ability to raise capital
IV.unlimited firm life

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

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Definitions:

Modified Branch

A plant structure that has evolved from a basic branch form to serve a different function, such as a cactus spine or a climbing tendril.

Whorl

A pattern in which leaves, petals, or other plant parts are arranged in a circular fashion around a central axis.

Sepals

Sepals are the often green, leaf-like parts of a flower that protect the developing bud.

Flower

Specialized reproductive shoot of a flowering plant (angiosperm).