Characteristics of a Corporation
Authored by Christopher Ziarko
Other
University
Used 3+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ownership and management are separated
Advantage
Disadvantage
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entity has continuous life
Advantage
Disadvanatge
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Transfer of ownership is easy
Advantage
Disadvantage
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Stockholders' liability is limited
Advantage
Disadvantage
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Exposure to double taxation
Advantage
Disadvantage
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Entity can raise more money than a partnership or sole proprietorship.
Advantage
Disadvantage
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government regulation is expensive
Advantage
Disadvantage
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