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Anarel [89]
3 years ago
12

Describe the advantages and disadvantages of a corporation.

History
1 answer:
Elenna [48]3 years ago
6 0

Explanation:

The advantages of the corporation structure are as follows: Limited liability. The shareholders of a corporation are only liable up to the amount of their investments. The disadvantages of a corporation are as follows:Double taxation. Excessive tax filings.  Independent management.

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