
Corporation - TAKT
Quiz
•
English
•
University
•
Hard
Anh Hà
Used 2+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a corporation?
A business that is licensed by a state or the federal government
A business whose owner is in sole charge
A business whose owner is a government
A business owns multi-sector services
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
"Corporation has a life of its own". Is it true or false?
True
False
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which is not advantage of Corporation?
Tax benefit
Limited liability
Double taxation
Unlimited life
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
"It's hard to transfer ownership of shareholder in Corporation". Is it true of false?
True
False
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which one is the disadvantages of Corporation?
Easy to set up
Lack of control
Partners may disagree
Unlimited liability
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is double taxation?
Corporate income tax + Personal income tax
Business license tax + Corporate income tax
Personal income tax + Business license tax
Business license tax + Value-added tax
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Who is the owner of Corporation?
Chief Executive Officer (CEO)
Founder
Government
Shareholders
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