Multiple Choice
Which of the following is not one of the things that causes a corporation to have a significant advantage over a partnership or a proprietorship?
A) Limited liability.
B) Ease of transfer of ownership interest.
C) Unlimited life.
D) Elimination of double taxation.
E) Ability to retain earnings and thus convert income from personal income to capital gains.
Correct Answer:
Verified
Correct Answer:
Verified
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