Question

Identify the primary advantages of the corporate form of business compared to a sole proprietorship or partnership.

Answer 1

The primary advantages of the corporate form of business compared to a sole proprietorship or partnership are double taxation and more paperwork.

Corporate means relating to giant companies, or to a selected large company. Interest rates are higher for corporate purchasers than for personal clients. The economy is growing, and company profits are rising. company means regarding large companies or a particular large company. A corporate life cycle is the stages of growth ANd development that almost every company goes through from the initiation of the corporate to its end, which might be available in a spread of ways. The four stages of a professional life cycle are the Startup stage. Growth and institution stage.

Corporate jobs are positions at intervals in a company organization. This generally means an employee position at intervals in a bigger company, organization, or corporation

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