A Corporation Has Which of the Following Sets of Characteristics

A corporation has which of the following set of characteristics. Which of the following sets of characteristics best describes those of a corporation.

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Easier to transfer ownership and raise funds no.

. All of the following are characteristics of a corporation EXCEPT. A Shared control tax advantages increased skills and resources B Simple to set up and maintains control with founder C Easier to transfer ownership and raise funds no personal liability D Harder to raise funds and gives owner control. Unlimited liability definite life shareholders are not.

5 Shared control tax advantages increased skills and resources. Easier to transfer ownership and raise funds no personal liability d. Shared control tax advantages increased skills and resources.

TCO A A corporation has which of the following sets of characteristics. Shared control tax advantages increased skills and resources Simple to set. A corporation is treated as a person with most of the rights and obligations of a real person.

Shared control tax advantages increased skills and resources b. Whatever actions necessary within the law to execute express powers. Corporation is Owned by Shareholders.

Harder to raise funds and gives owner control. Characteristics of a Corporation. A corporation has which of the following characteristics.

A corporation has which of the following set of characteristics. Harder to raise funds and gives owner control. Right to borrowloan money.

View the full answer. It is a legal entity of its own. Easier to transfer ownership and raise funds no personal liability for stockholders.

Corporation Has Limited Liability. O one or more stockholders indefinite life no personal liability O taxed on earnings subject to personal liability used primarily by professional organizations subject to personal liability not a separate taxable entity terminates at the stockholders death not. This preview shows page 1 - 2 out of 5 pages.

Transcribed image text. A corporation has which of the following set of characteristics. Simple to set up and maintains control with founder c.

Shared control tax advantages increased skills and resources. O shareholder control income tax disadvantages increased skills and resources O simple to set up and maintains control with founder harder to raise funds and gives shareholders control O easier to transfer ownership and raise funds limited liability Save for. TCO A A corporation has which of the following sets of characteristics.

A corporation is a legal entity meaning it is a separate entity from its owners who are called stockholders. Easier to transfer ownership and raise funds no personal liability. Easier to transfer ownership and raise funds no personal liability d.

Simple to set up and maintains control with founder c. Simple to set up and maintains control with the founder. Easier to transfer ownership and raise funds no personal liability for stockholders.

TCO A A corporation has which of the following sets of characteristics. The five main characteristics of a corporation are limited liability shareholder ownership double taxation continuing lifespan and in most cases professional management. Simple to set up and maintains control with the founder.

A corporation has which of the following set of characteristics. Shared control tax advantages increased skills and resources b. Right to make contracts.

5 Shared control tax advantages increased skills and resources Simple to set up and maintains control with the founder Easier to transfer ownership and raise funds no personal liability for stockholders Harder to raise funds and gives owner control. A corporation has which of the following sets of characteristics. Question 2 Lush Lawns Company earned 1000 for lawn mowing services rendered.

A corporation has which of the following set of characteristics. Stockholders not personally liable for entitys debts D. Each stockholder has the authority to commit the corporation to a binding contract through hisher actions.

A corporation has which of the following set of characteristics. Simple to set up and maintains control with founder. Which of the following is a characteristic of a corporation.

See the answer See the answer done loading. It has perpetual existence. A corporation has which of the following set of characteristics.

TCO A A corporation has which of the following sets of characteristics. A corporation is not allowed to hold public office or vote but it does pay income taxes. This problem has been solved.

One or more stockholders indefinite life no personal liability. Harder to raise funds and gives owner control. Exam 1 Question 1 A corporation has which of the following sets of characteristics.

A corporation has which of the following set of characteristics. Shared control tax advantages increased skills and resources b. 5 Shared control tax advantages increased skills and resources.

Corporations are subjected to less governmental regulation than other forms of businesses. It is able to be sued and to sue. Which of the following characteristics best describes a corporation.

Ability to establish rules for managing corporation. 1 shareholder control income tax disadvantages increased skills and resources. 1Question TCO A A corporation has which of the following sets of characteristics.

2 simple to set up and maintains control with founder. View the full answer. Simple to set up and maintains control with the founder.

A Simple to set up and maintains control with founder b Shared control tax advantages increased skill and resources c Harder to raise funds and gives owner control d Easier to transfer ownership and raise funds government regulations Retained earnings1112 11000 Insurance expense 1500 Unearned rent revenue. Shared control tax advantages increased skills and resources Simple to set up and maintains control with founder Easier to transfer ownership and raise funds no personal liability Harder to. Limited liability definite life shareholders are legally separate b.

Is not taxed C. Business with a single owner B. Right to make charitable donations.

Corporations Have Their Own Lifespan. Limited liability indefinite life shareholders are legally separate C.

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