Matching
Instructions
For each characteristic determine if it is an Advantage (A). or Disadvantage (D) to being incorporated.
Premises:
Government regulations
Continuous life
Ability to acquire capital
Potential for deferred or reduced tax
Transferable ownership rights
Limited liability of shareholders
Potential for additional tax
Separate legal entity
Responses:
Advantage
Disadvantage
Correct Answer:
Premises:
Responses:
Government regulations
Continuous life
Ability to acquire capital
Potential for deferred or reduced tax
Transferable ownership rights
Limited liability of shareholders
Potential for additional tax
Separate legal entity
Premises:
Government regulations
Continuous life
Ability to acquire capital
Potential for deferred or reduced tax
Transferable ownership rights
Limited liability of shareholders
Potential for additional tax
Separate legal entity
Responses:
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