Examlex
Which of the following is false?
Securities
Financial instruments that represent ownership (stocks), a creditor relationship (bonds), or rights to ownership (derivatives) that can be bought and sold.
Future Cash Flows
Projected cash receipts and payments over a certain period, considered in investment analysis to determine an asset's present value.
S-corporation
A special type of corporation in the U.S. that allows profits, and some losses, to be passed directly to owners’ personal income without being subject to corporate tax rates.
Double Taxation
The levying of tax by two or more jurisdictions on the same declared income, asset, or financial transaction.
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