Which of the following statements is CORRECT? Show
a. The corporate bylaws are a standard set of rules established by the state of incorporation. These rules are Recommended textbook solutions
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What are the advantages of the corporate form of organization quizlet?One advantage of the corporate form of organization is that it avoids double taxation. Organizing as a corporation makes it easier for the firm to raise capital. An advantage of the corporate form of organization is that corporations are generally less highly regulated than proprietorships and partnerships.
Which of the following is correct One of the advantages of the corporate form of organization is that it avoids double taxation?TF: One advantage of the corporate form of organization is that it avoids double taxation. False: Corporations have double taxation. Proprietorships and partnerships do not have double taxation.
Which of the following is not an advantage of the corporate form of Organisation?The correct answer is Option C. Explanation: In a corporate form of organization, the company does not have favorable tax treatment from the tax departments as the tax is levied as per progressive basis of taxation, i.e., the more the earnings, the more the taxes paid.
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