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Which is correct statements ? A.) One of the disadvantage of incorporating a bus

ID: 2365328 • Letter: W

Question

Which is correct statements ? A.) One of the disadvantage of incorporating a business is that the owners than become subject to liabilites in the event the firm goes bankrupt. B.) Sole proprietorships are subject to more thatn corporations. C.) In any type of partnership, every partner has the same rights, privliges , liability exposure as every other partner. D.) Sole proprietorships and partnerships generally have a tax advantage over many corporations, especially large ones. E.) Corporations of all types are subject to the corporate income tax.

Explanation / Answer

B.) Sole proprietorships are subject to more thatn corporations.

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