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

Question 254

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Compared to partnerships and sole proprietorships, a major advantage of the conventional (C) 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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