Which is an advantage of corporations relative to partnerships and sole proprietorships? (a) Lower taxes. (b) Harder

Question:

Which is an advantage of corporations relative to partnerships and sole proprietorships?

(a) Lower taxes.

(b) Harder to transfer ownership.

(c) Reduced legal liability for investors.

(d) Most common form of organization.

AppendixLO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting Tools For Business Decision Making

ISBN: 9780471691952

3rd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

Question Posted: