menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 1: The Accounting Environment: What Is Accounting and Why Is It Done
  5. Question
    Which of the Following Is the Most Important Feature of a Corporation
Solved

Which of the Following Is the Most Important Feature of a Corporation

Question 38

Question 38

Multiple Choice

Which of the following is the most important feature of a corporation?


A) It is taxable.
B) It provides limited liability to its shareholders.
C) It can have more than one owner.
D) It has a limited life span.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q33: Who is responsible for deciding what, how

Q34: Which of the following statements about private

Q35: What are the four key components of

Q36: Which of the following best describes the

Q37: Katerina Slovenka decided to turn her

Q39: Which of the following statements about stakeholders

Q40: Financial accounting would be used to make

Q41: International Financial Reporting Standards are:<br>A)mandatory for public

Q42: Explain what is meant by the critical

Q43: Who are the people who examine an

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines