Information Technology
South University
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Exam (elaborations)
Sophia Pathways Accounting - Final Milestone
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---21July 20222021/2022A+
- Which of the following is a major advantage to forming a corporation? 
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Lenders of a corporation do not have the right to claim the corporation's assets to pay its debts. 
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The income from a corporation is not taxed. 
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Stockholders have limited liability for the debts of the corporation. 
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A corporation is usually managed by its owners. 
CONCEPT 
Businesses and Organizations 
2 
Which of the principles below does Val follow when she reviews her records to ma...
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