Option 'C' is correct
Corporations
Corporations have stockholders with limited liability.
Stockholders of corporations are liable to pay to the extent of their share capital and not beyond that. Their personal assets are not liable in the event of liquidation
14. Of the following forms of business organization, which have stockholders with limited liability? proprietorships partnerships...
Of the following forms of organization, which businesses are the greatest in numbers? proprietorships, partnerships, corporations or limited partnerships
Complete the following sentences. Owners of have limited liability. O A. proprietorships and partnerships O B. partnerships, proprietorships, and corporations O c. corporations OD. partnerships and corporations Click to select your answer and then click Check Answer.
Complete the following sentences. Owners of ______ have limited liability. A. partnerships and corporations B. partnerships, proprietorships, and corporations C. proprietorships and partnerships D. corporations In ______, retained profits are taxed twice. A.partnerships, proprietorships, and corporations B.proprietorships and partnerships C.corporations D.partnerships and corporations
Which of the following statements is CORRECT? a. Due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of U.S. businesses (in terms of number of businesses) are organized as corporations. b. Large corporations are taxed more favorably than proprietorships. c. Corporate stockholders are exposed to unlimited liability. d. Most businesses (by number and total dollar sales) are organized as proprietorships or partnerships because it is easier to set up and operate one of these forms...
Limited liability is an important feature of: a. corporations. b. partnerships. c. both partnerships and corporations d. sole proprietorships.
Which of the following is an advantage of corporations relative to partnerships and sole proprietorships? Increased legal liability for investors Easier to transfer ownership Most common form of organization Lower taxes
1. Compare and contrast the following types of business formation: sole proprietorships, partnerships and corporations. Explain 3 advantages and 3 disadvantages for each. 1. Compare and contrast the following types of business formation: sole proprietorships, partnerships and corporations. Explain 3 advantages and 3 disadvantages for each.
Describe the different forms of business entities such as sole proprietors, partnerships (general and limited) and corporations (private and public) in respect to ease of creation, managing on a daily basis and risk.
Which of the following statements is incorrect? Multiple Choice ( Partnerships have unlimited liability ) O Most sole proprietors raise money by borrowing from banks. 0 An advantage of sole proprietorships is that the owner has complete control. Scorporations are considered a hybrid organization.
Consider each of the following forms of business: sole proprietorship, partnership, limited liability partnership, limited liability company, S corporation, franchise, and C corporation. Choose THREE of these forms, and develop a scenario in which each of these forms of business would be the preferred form. For each scenario, justify why the corresponding business form is preferred.