Multiple Choice
Which of the following business organizational forms creates a tax liability on income at the personal income tax rate?
A) sole proprietorship
B) partnership
C) corporation
D) a and b
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q28: A director who is not an employee
Q55: Which of the following owners is protected
Q56: When bankruptcy occurs, the firm will always
Q56: A sole proprietorship is an owner's only
Q57: If you have loaned capital to a
Q58: Which of the following reports directly to
Q60: Corruption in business<br>A) creates inefficiencies in an
Q60: Which of the following are stakeholders?<br>A) a
Q62: Explain what should be the goal of
Q76: With regard to information, a central idea