Which of the following refers to the features of a Corporation? - Limited liability...
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Accounting
Which of the following refers to the features of a Corporation?
- Limited liability of the owners; distributed profits are taxed twice; management and ownership are separated; the duration of a companys life is indefinite.
- Unlimited liability of the owners; distributed profits are taxed only once; management and ownership are separated; the duration of a companys life is indefinite.
- Limited liability of the owners; distributed profits are taxed only once; management and ownership are separated; the company is terminated with the departure of one of its owners.
- Limited liability of the owners; distributed profits are taxed twice; management functions are performed by the owners; the company is terminated with the departure of one of its owners.
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