Question
Whichofthefollowingstatementsismostcorrect? a. Oneadvantageof farmingacorporationisthatyouhavelimitedliability. b. Corporationsfacefewerregulationsthansoleproprietorships. c. Onedisadvantageofbeingasoleproprietoris thatyouhavetopaycorporate taxes,eventhoughyoudon'trealizethebenefitsofbeingacorporation. d. Statementsbandcarecorrect. e. Noneofthestatementsaboveiscorrect
Whichofthefollowingstatementsismostcorrect?
a. Oneadvantageof farmingacorporationisthatyouhavelimitedliability.
b. Corporationsfacefewerregulationsthansoleproprietorships.
c. Onedisadvantageofbeingasoleproprietoris thatyouhavetopaycorporate taxes,eventhoughyoudon'trealizethebenefitsofbeingacorporation. d. Statementsbandcarecorrect.
e. Noneofthestatementsaboveiscorrect
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Principles of Financial Accounting chapters 1-17
Authors: John Wild, Ken Shaw, Barbara Chiappetta
23rd edition
