Which of the Following Could Be Described as Both an Advantage

question 113

Multiple Choice

Which of the following could be described as both an advantage and a disadvantage of incorporation?

• A)Continuous existence
• B)Limited liability
• C)Double taxation
• D)Lack of mutual agency

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Definitions:

Oligopolistic Firms

Companies that operate in an oligopoly, a market structure characterized by a small number of firms controlling the majority of the market share.

Government Funding

Financial resources provided by the government for specific projects, programs, or sectors, often aimed at achieving public policy goals.

Four-Firm Concentration Ratios

A measure indicating the combined market share of the four largest firms in an industry, used to assess the degree of market competition.

R&D Expenditures

Funds allocated for conducting research and development with the aim of innovation and improving products or services.