Multiple Choice
The primary reason entrepreneurs choose to incorporate is because of:
A) the corporation's ability to attract capital.
B) the need to attract top quality management talent to grow the business.
C) the lower tax rates inherent in the corporate form of ownership.
D) the limited liability of stockholders.
Correct Answer:
Verified
Correct Answer:
Verified
Q55: _ partners are not active in a
Q56: Ownership of a corporation can easily be
Q57: The _ is the most complex form
Q58: A distinct disadvantage of the corporate form
Q59: Sole proprietorships characteristically are:<br>A)fairly complex to create.<br>B)subject
Q61: Perhaps the most important feature of a
Q62: Each partner is an agent for the
Q63: Shares the corporation itself owns are called:<br>A)preferred
Q64: One disadvantage of the proprietorship is:<br>A)it is
Q65: Which of the following is true about