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Question
Which of the following is an advantage of the corporate form of organization?
A. License fees and franchise taxes are not assessed against corporations.
B. Control of a corporation may be held by those with a minority of the investment.
C. The cost of forming and maintaining a corporation is minimal.
D. A corporation need not be qualified in all states where it is conducting local or intrastate business.
E. Corporate income is not subject to double taxation.
Answer
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