menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Real Estate Principles
  4. Exam
    Exam 3: Forms of Ownership
  5. Question
    Because a Corporation Is an Entity (Or Legal Being)in the Eyes
Solved

Because a Corporation Is an Entity (Or Legal Being)in the Eyes

Question 34

Question 34

True/False

Because a corporation is an entity (or legal being)in the eyes of the law, the corporation must pay income taxes on its profits.

Correct Answer:

verifed

Verified

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

Related Questions

Q29: Subchapter S corporations are not popular as

Q30: Because of the survivorship feature, tenancy in

Q31: A couple purchased a condominium taking title

Q32: The greatest advantage of sole ownership is

Q33: An estate in severalty means<br>A) there are

Q35: Choose the one most appropriate answer for

Q36: A corporation, composed of many stockholders, desired

Q37: Real Estate Investment Trusts (REITs)pool the money

Q38: One of the most outstanding characteristics of

Q39: In a general partnership, each partner can

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