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Which are characteristics of corporate form of organization

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Reference no: EM132933328

Problem 1: It is the initial expenditures incurred to organize or form a corporation, such as incorporation fees, legal fees, taxes and licence fees.

Select one:
a. Advertising Costs
b. Marketing Costs
c. Organization Cost
d. Selling Costs

Problem 2: Which of the following are characteristics of the corporate form of organization?
i - Business has an unlimited life
ii - Double taxation for shareholders
iii - Limited liability for shareholders
iv - Unlimited liability for shareholders

Select one:
a. i, ii and iv only
b. iv only
c. i, ii and iii only
d. i, iii and iv only

Reference no: EM132933328

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