Question
Which of the following is most likely to be true? A) One disadvantage of the corporate form of business ownership is the firm's ability to
Which of the following is most likely to be true? A) One disadvantage of the corporate form of business ownership is the firm's ability to issue additional shares of stock. B) When the dividends are paid to shareholders, corporate dividends are taxed at both the corporate and the personal level. C) Income from both sole proprietorships and partnerships that is taxable is treated as individual income. D) Only firms organized as sole proprietorships have limited lives. E) The growth of both sole proprietorships and partnerships is frequently limited by the firm's limited liability.
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