Which of the Following Is True About Corporations

Multiple Choice

Which of the following is true about corporations?

A) A corporation's owners are not subject to double taxation.
B) The professional executives who manage a corporation must own a significant portion of the company's stock.
C) From a legal perspective, the firm and its owner are considered one and the same in a corporation.
D) A corporation mixes attractive features of a sole proprietorship and a partnership.
E) A corporation's owners do not directly receive profits or absorb losses.