All of the Following Are Advantages of a Corporation EXCEPT

question 326

Multiple Choice

All of the following are advantages of a corporation EXCEPT

• A) double taxation.
• B) limited liability.
• C) ability to raise large sums of financial capital.
• D) unlimited life.

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Definitions:

Club Members

Individuals who have officially joined or are affiliated with a specific club or organization, often sharing common interests or goals.

Major Leadership Traits

Essential personal qualities or characteristics associated with effective leaders, such as intelligence, determination, integrity, and sociability.

Extraversion

A personality trait characterized by outgoingness, high energy, and sociality.

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty.