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Which of the following is a difference between corporations and partnerships? a. Partnerships are subject to...

Which of the following is a difference between corporations and partnerships? a. Partnerships are subject to double taxation; corporations are not. b. With partnerships, ownership rights are divisible and easily transferable; this is not true for corporations. c. Corporate owners face limited liability; owners of partnerships do not. d. Corporations always have more owners than partnerships.

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Ans) the correct option is c) Corporate owners face limited liability; owners of partnerships do not.

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