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One of the main advantages of a corporation is that it is separate from its owners. Corporations also have the advantage of being able to exist if one or more owners quit or pass away. Corporations also have limited liability protection.
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Which of these is a major advantage of a corporation?
Limited liability is a major advantage of a corporation.
Corporation advantages and disadvantages?
An advantage to having a corporation is limited liability. A disadvantage to having a corporation is the fact that income is taxed twice.
A corporation is least likely to have which advantage?
establishment of price ceilings
What is the advantage of issuing stock?
It allows the corporation to raise capital.
Why is limited liability a major advantage of a corporation?
This means in case of liquidation or bankruptcy their liabilities are only limited to the assets of the corporation and thus does not go into the coffer of the government
Which of these is a major advantage of a corporation?
Limited liability is a major advantage of a corporation.
What is a major advantage of a corporation?
A major advantage of a corporation is the limited liability of the owners. When a stockholder dies, the corporation is not dissolved.
What distinct advantage does a private or Subchapter S Corporation have over a public corporation?
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Corporation advantages and disadvantages?
An advantage to having a corporation is limited liability. A disadvantage to having a corporation is the fact that income is taxed twice.
A corporation is least likely to have which advantage?
establishment of price ceilings
The main advantage of a corporation is that it?
.limits personal risks for investors::
What is the advantage of issuing stock?
It allows the corporation to raise capital.
The form of business organization that has the advantage of limited liability is a?
corporation
What is the advantage of a corporation?
A corporation has limited liability protection, and are typically not personally responsible for business debts. A corporation can live forever, even if an owner dies or sells interest, the corporation can still exist.
What of the following is an advantage for a corporation establishing itself in Delaware?
No income tax if the corporation also has physical operations in other states
What is the advantage and disadvantage of a tired corporation?
A tired corporation is at a disadvantage because productivity can greatly drop within a short time. One advantage is that employees may suggest ideas that will make some processes less tiring.
What financial advantage does a corporation have over sole proprietorships and partnerships?
A corporation is perceived as having substantial revenues where a small business wouldn't be. A corporation can likely get financed quicker than a person who has a small business.
