1) Which of the following is an advantage of corporations relative to partnerships and sole proprietorships? A) extended life B) capitalization C) separated liability D) ease of set up E) an air of legitimacy. O B. The advantages and disadvantages of a corporation must be considered before you incorporate your business. The shareholders of a corporation have a limited liability. PermanenceB. Which of the following is an advantage of corporations final exam. C. They have to pay tariffs to import taxes to industrialized nations. Which of the following is an advantage of a corporation?1. (Points: 5) Reduced legal liability for investors. All of the following are advantages of forming a corporation EXCEPT _____ asked Jun 15, 2016 in Business by Chase. It is better to incorporate if you are dealing with the public. D. They can now build in low-temperature locations. 1. Question: 1. 0. b. C. limited liability of … a. introduction-to-business; 0 Answers. They can now hire women. 1. In terms of disadvantages, corporations are required to observe strict formalities and may be subject to expensive double taxation. As a legal entity, a corporation has most of the rights and privileges of a person. Some of the biggest benefits of this business structure include access to funding, limited liability protections, and an unlimited lifespan. In fact, all corporations, as well as LLCs, provide limited liability protection.
118925 Questions; 117806 Tutorials; 96% (5583 ratings) Feedback Score View Profile. Best answer. Incorporating your business in the first place can provide you with limited liability protection as well as increased credibility to potential customers. 6.If you own 500 chairs(2% of corporations stock)and the corporation issues 15000 new chairs how many of the new chairs can you purchase under preemptive right? Which of the following is an advantage corporations have gained by going global? They can avoid taxes by moving the company location. Which of the following is an advantage of the corporate form of business? Which of the following is an advantage of corporations relative to partnerships and sole proprietorships? Some corporations may be able to elect treatment as an S corporation, which exempts them from federal income tax other than tax on certain capital gains and passive income. Advantages and Disadvantages of a C Corporation. Question: 1. Corporations are expensive to set up and require extensive paperwork. The advantages of the corporation structure are as follows: Limited liability.The shareholders of a corporation are only liable up to the amount of their investments. If a partnerships is sued, the partners are responsible.
(TCO A) Which of the following is an advantage of corporations relative to partnerships and sole proprietorships?
A corporation is a legal entity, organized under state laws, whose investors purchase shares of stock as evidence of ownership in it. Offered Price: $ 30.00 Posted By: rey_writer Posted on: 09/27/2016 08:18 AM Due on: 09/27/2016 . Corporations may be able raise additional funds by selling shares in the corporation. Which of the following is an advantage of the corporate form of business when from BUSINESS 9 at Pasadena City College The following list of statements about corporations are given below.