Corporation - TAKT

Corporation - TAKT

University

10 Qs

quiz-placeholder

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Corporation - TAKT

Corporation - TAKT

Assessment

Quiz

English

University

Hard

Created by

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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