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Choose the correct answer. Equity investors in a large, publicly-traded corporation: A.) receive dividends free and clear of personal income tax because the corporation pays
Choose the correct answer. Equity investors in a large, publicly-traded corporation:
A.) receive dividends free and clear of personal income tax because the corporation pays its own corporate tax.
B.) pay personal income tax on any dividends received from the corporation.
C.) are at risk of losing an amount greater than their investment in the company should the company incur a large civil liability.
D.) are likely to be employees of the corporation who are involved in the day to day decisions of the company
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