Which of the following are argued to be distinctive, Ask an Expert

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Which of the following are argued to be distinctive characteristics of the corporation?

The ability of the shareholders to declare bankruptcy and therefore enjoy the protective shield of limited liability.

The fact that corporate earnings are taxed according to a separate set of tax rules.

The fact that corporations are often large enough that owners hire managers to run the firm day-to-day.

Both A and B are correct

Both A and C are correct

Both B and C are correct

A, B, and C are correct

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91624746

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