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Which THREE of the following are benefits of organizing your business as a C corporation? (NOTE that there are THREE correct answers to this question

Which THREE of the following are benefits of organizing your business as a C corporation? (NOTE that there are THREE correct answers to this question -- CHECK ALL THAT APPLY)

Shareholders of a corporation enjoy limited personal liability

C corporations enjoy single (flow-through) taxation

Shareholders can easily transfer ownership of their shares to other people

Corporations can raise capital by selling shares of the company


2)

You are the sole shareholder of a C corporation that has a board of directors with eight members. You don't like the way the corporation's officers are managing the corporation. Which of the following would be your best option for influencing the management of the company?

Remove the current CEO and appoint a new CEO that shares your vision of how the company should be managed

Elect some new board members who share your vision of how the company should be managed

Appoint yourself as CEO and implement your vision of how the company should be managed

Order the board of directors to implement your vision of how the company should be managed

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