27) The major disadvantage of the corporate form of business organization is its A) limited liability for

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

Question:

27) The major disadvantage of the corporate form of business organization is its A) limited liability for its owners. B) unlimited liability for its owners. C) ability to be run by professional managers. D) tax liability (its profits are taxed twice)

Posted Date: Jun 06, 2024 03:25 AM

See More Questions

In Exercise 11.39, we tested to determine whether the installation of safety equipment was effective in a = .05, s = 50 H1: m 7 400 H0: m = 400 a = .05, s = 200 H1: m Z 1,000 H0: m = 1,000 H1: m 7...
Hide-It (HI), a family-owned business based in Tombstone, Arizona, builds custom homes with special features, such as hidden rooms and hidden wall safes. Hide-It has been an audit client for three...
1. From the AD-AS model you learned how AD could change due the change in C, I, G, X and M. Please write one example event that could change the AD and explain what would happen to the national...
On August 1, 2010, Marie and Paz formed a partnership. Marie contributed inventory of P500,000 with a fair value of P300,000 while Paz contributed cash of P250,000 and a land valued that cost her...
Beginning inventory Units produced Units sold Sales price per unit Selling and administrative expenses: Variable per unit Fixed Manufacturing costs: Required: Direct materials cost per unit Direct...
Petesy Corporation is preparing its Master Budget for 2019. Budget information is as follows: Sales Production Cost Operating Expenses 2019 1 st Quarter P280,000 P192,000 P64,000 2 nd Quarter 320,000...
Describe the impact that big data has on your ability to manage an international e-commerce site. (5 points) Explain What did you learn as a result of the big data (5 points) Explain How will big...
The UK Treasurer of Suits plc expects to receive a payment for wool exports to a customer in Munich in three months' time. Her marketing department has sold 1,000, "100% wool suits" for a delivered...
a). With detail examples, explain the methods of separating mixed cost into fixed and variable costs (3 marks) (b) Prabjot produces bread in their Company and below refers to the manufacturing...
\"oblem 5: a) (11.7/36) Find the point on the plane x y + z = 4 that is closest to the point (1, 2,3) using unconstrained calculus methods, i.e. eliminate the constraint and nd stationary points. b)...
The following project costs have been estimated relating to the upgrading of some equipment; all the costs are being incurred solely because of the project: 2013 January 1 One years rent on premises...
Assume the company in Question 46.1 pays tax at 30%, on 30 September each year, nine months after the end of its financial period. The company receives 20% writing-down allowances on the cost of...
Assuming an interest rate of 6%, what is the net present value of the net of tax cash flows in Question 46.2 for 2013, 2014, 2015 and 2016?

27) The major disadvantage of the corporate form of business organization is its A) limited liability for

Question:

Expert Answer:

Students also viewed these finance questions