Multiple Choice
Which of the following entities has limited liability?
A) Sole proprietorship.
B) Partnership.
C) C corporation but not S corporation.
D) S corporation but not C corporation.
E) Both C and S corporations.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q50: The corporate tax rate for a business
Q68: Kristine owns all of the stock of
Q71: Candace, who is in the 33% tax
Q72: Kirby,the sole shareholder of Falcon,Inc. ,leases a
Q78: For a limited liability company with 100
Q89: From the perspective of the buyer of
Q107: C corporations and S corporations can generate
Q111: Which of the following is correct regarding
Q121: A major benefit of the S corporation
Q123: Personal service corporations can offset passive activity