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Home Q & A Board Humanities Legal Studies
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pepperflake pepperflake
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7 years ago
Which of the following is a similarity between a public corporation and a limited liability company?
A) Both have a limitation on the number of owners.
B) Both allow owners control over daily management decisions.
C) Both limit liability of owners to loss of capital contribution.
D) Both have their profits taxed as income to corporation and again as income to owners when distributed as dividends.
Textbook 
The Legal Environment of Business

The Legal Environment of Business


Edition: 7th
Authors:
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eshreemeshreem
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7 years ago
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Love is the only force capable of transforming an enemy into a friend.

Martin Luther King, Jr.

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pepperflake Author
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7 years ago
This calls for a celebration Person Raising Both Hands in Celebration
annielin111
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Smart ... Thanks!
kiara23247843
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2 hours ago
Helped a lot
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