menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Tools Study Set 4
  4. Exam
    Exam 1: Introduction to Financial Statements
  5. Question
    Which of the Following Is an Advantage of Corporations Relative
Solved

Which of the Following Is an Advantage of Corporations Relative

Question 103

Question 103

Multiple Choice

Which of the following is an advantage of corporations relative to partnerships and sole proprietorships?


A) Reduced legal liability for investors
B) Harder to transfer ownership
C) Lower taxes
D) Most common form of organization

Correct Answer:

verifed

Verified

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

Related Questions

Q98: Henson Company began the year with retained

Q99: External users want answers to all of

Q100: Silva Corporation had the following accounts and

Q101: The heading on the statement of cash

Q102: Explanatory notes and supporting schedules are an

Q104: Borrowing money is an example of a(n)<br>A)delivering

Q105: Which financial statement is prepared first?<br>A)Balance sheet<br>B)Income

Q106: A business organized as a separate legal

Q107: An income statement shows<br>A)revenues, liabilities, and stockholders'

Q108: The heading for the income statement might

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