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Which of these is not considered an advantage of the corporate business form? Select one:...

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Accounting

Which of these is not considered an advantage of the corporate business form? Select one:

a. A shareholder employee's salary is fully deductible from corporate income

b. Shareholder-employees can participate in employee fringe benefits

c. Corporate shareholders cannot deduct corporate losses from their income

d. Shareholders are not taxed on corporate income until it is distributed to them

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