Which of the following statements is true? A. the organizational form that is the easies to raise capital is the corporation B. corporations make up the largest proportion of businesses in the U.S C. sole proprietorships are protected by limited liability D. owners of corporations are not protected by limited liability
Which of the following statements is true? A. the organizational form that is the easies to raise capital is the corporation B. corporations make up the largest proportion of businesses in the U.S C. sole proprietorships are protected by limited liability D. owners of corporations are not protected by limited liability
Chapter11: The Corporate Income Tax
Section: Chapter Questions
Problem 14MCQ
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Question
Which of the following statements is true?
A. the organizational form that is the easies to raise capital is the corporation
B. corporations make up the largest proportion of businesses in the U.S
C. sole proprietorships are protected by limited liability
D. owners of corporations are not protected by limited liability
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