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Compared to Partnerships and Sole Proprietorships,a Major Advantage of the C

Question 111

Multiple Choice

Compared to partnerships and sole proprietorships,a major advantage of the C conventional) corporation as a form of business ownership is that it:


A) Has the ability to raise more money.
B) Is easier and less expensive to form.
C) Qualifies for simplified tax treatment.
D) Creates unlimited liability for its owners.

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