Finance - 1. (Points: 1) Which of the following statements...

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(Points: 1) Which of the following statements is CORRECT? a. Corporate shareholders are exposed to unlimited liability, but this factor is offset by the tax advantages of incorporation. b. Corporations generally face fewer regulations than sole proprietorships. c. There is a tax disadvantage to incorporation, and there is no way any corporation can escape this disadvantage, even if it is very small. d. It is usually easier to transfer ownership in a corporation than it is to transfer ownership in a sole proprietorship. e. Corporate shareholders are exposed to unlimited liability. 2. (Points: 1) Which of the following statements is CORRECT? a. It is generally less expensive to form a proprietorship than a corporation because, with a proprietorship, extensive legal documents are required. b. One disadvantage of operating a business as a sole proprietor is that the firm is subject to double taxation, at both the firm level and the owner level. c. One advantage of forming a corporation is that equity investors are usually exposed to less liability than in a partnership. d. If a partnership goes bankrupt, each partner is exposed to liabilities only up the amount of his or her investment in the business. e. Corporations face fewer regulations than sole proprietorships. 3. (Points: 1) Which of the following could explain why a business might choose to operate as a corporation rather than as a sole proprietorship or a partnership? a. Corporate shareholders are exposed to reduced liability, but this factor is offset by the tax advantages of incorporation. b. Corporate investors are exposed to unlimited liability. c. Corporations generally find it easier to raise capital. d. Corporations generally face fewer regulations. e. Less of a corporation's income is generally subject to taxes.
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Finance - 1. (Points: 1) Which of the following statements...

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