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Question 1 Which of the following statements concerning business structures is false? Select one: a . An acivantage of incorporation is the ease of transfer
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Which of the following statements concerning business structures is false?
Select one:
a An acivantage of incorporation is the ease of transfer of ownership
b Owners of a corporation are subject to limited liability.
c A corporation is a separate legal entity for accounting purposes, but not for tax purposes
d A sole proprietorship is a separate entity from its owner for accounting purposes
e A disadvantage of a partnership is that the partners are subject to unlimited liability
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