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Mr. Gregory White
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1.. Which of the following statements is CORRECT? a. One

Resolved Question:

1.. Which of the following statements is CORRECT?

a. One of the disadvantages of a sole proprietorship is that the proprietor is exposed to unlimited liability.

b. It is generally easier to transfer one’s ownership interest in a partnership than in a corporation.

c. One of the advantages of the corporate form of organization is that it avoids double taxation.

d. One of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights, i.e., “one person, one vote.”

e. Corporations of all types are subject to the corporate income tax.
Submitted: 4 years ago.
Category: Homework
Expert:  Mr. Gregory White replied 4 years ago.

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