Answered: Which of the following is a…

Which of the following is a characteristic of a corporation?a. No income taxb. Limited liability of stockholdersc. Mutual agencyd. Both b and c

SWFT Corp Partner Estates Trusts

42nd Edition

ISBN:9780357161548

Author:Raabe

Publisher:Raabe

Chapter13: Comparative Forms Of Doing Business

Section: Chapter Questions

Problem 1DQ

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Which of the following is a characteristic of a corporation?
a. No income tax
b. Limited liability of stockholders
c. Mutual agency
d. Both b and c

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