Question

Which of the following are advantages of corporations: Ease of transfer and double taxation Limited liability and double taxation Limited life and limited liability Ease of transfer and limited liability

Answer 1

Answer:

Ease of transfer and limited liability

Explanation:

The Corporation can easily transferable as the number of shares could be divided that are purchased and sold over the stock exchange

Also they have the limited liability when there is any contigency arise due to which the corporation would be closed this would be limited to the shared amount that owned by the shareholders

Therefore the last option is correct