BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Detailed explanation-1: -The primary disadvantage of the corporate form is the double taxation to shareholders of distributed earnings and dividends.
Detailed explanation-2: -Which of the following show why a corporation is the most important form of business? A corporation is a seperate legal entity with the ability to acquire and exchange property.
Detailed explanation-3: -Financing is the process of providing funds for business activities, making purchases, or investing. Financial institutions, such as banks, are in the business of providing capital to businesses, consumers, and investors to help them achieve their goals.
Detailed explanation-4: -Business owners, investors, and shareholders are not liable for business debts, legal matters, or bankruptcy when protected by limited liability. Corporations, limited liability companies, and limited liability partnerships are examples of different business structures offering liability protection.