Advantage of corporations relative to partnerships
Which of the following is an advantage of corporations relative to partnerships and sole proprietorships?
Reduced legal liability for investors
Harder to transfer ownership
Lower taxes
Most common form of organization
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Monarch Associates, a U.S. computer parts manufacturer, entered into a joint venture with a Russian computer technology company, Vladir Unlimited.
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Which of the following is advantage of corporations relative to partnerships and sole proprietorships?
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