The Corporate Form of Ownership Has a Significant Advantage in That

question 84

Multiple Choice

The corporate form of ownership has a significant advantage in that:

• A)it is easy to transfer ownership.
• B)it has a lower tax rate than either partnerships or sole proprietorships.
• C)there is little cost to its formation.
• D)there is little regulatory oversight by the government.

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Definitions:

Physical Impairment

A physical condition that significantly restricts one or more major life activities, potentially including mobility, dexterity, or sensory functions.

Socio-economic

Relating to or concerned with the interaction of social and economic factors.

Opportunities Fund

A financial resource or program designed to support specific groups of people or projects, often aimed at creating or enhancing opportunities for growth, education, or development.

Employment

The condition of having paid work, involving a contractual relationship wherein one performs services under the control of another for remuneration.