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

Question 203

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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