Which of the Following Is an Advantage of Corporations

question 11

Multiple Choice

Which of the following is an advantage of corporations?

• A) They tend to be personal in nature.
• B) They incur the lowest incorporation fees and taxes.
• C) They require the owner's liability to exceed the owner's investment.
• D) They are better equipped in raising large amounts of money.

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Definitions:

Inborn Characteristics

Traits or features that an individual possesses from birth, determined by genetic inheritance.

Biology Alone

A phrase suggesting that biological factors solely determine various aspects of living organisms, ignoring environmental, psychological, or social influences.

Percentage

A mathematical term indicating a part or fraction of a hundred, used to describe ratios or proportions in comparison to a whole.

Intelligence Characteristics

Traits or features that pertain to a person's cognitive capabilities, including problem-solving, reasoning, and understanding complex ideas.