1. Owners of partnerships pay partner income tax while owners of corporations pay both personal...
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1. Owners of partnerships pay partner income tax while owners of corporations pay both personal income tax and corporate tax. 2. Owners of sole ownerships can sell their business without negotiating with other owners so the sole ownership is the easiest form to transfer the ownership. 3. All partners in the limited partnership have limited liabilities. 0 a Only 2 is correct. O b. Only 1 is correct. O c. All are incorrect. O d. 1 and 3 are correct. O e. Only 3 is correct
1. Owners of partnerships pay partner income tax while
owners of corporations pay both personal income tax and
corporate tax.
2. Owners of sole ownerships can sell their business without
negotiating with other owners so the sole ownership is the
easiest form to transfer the ownership.
3. All partners in the limited partnership have limited
liabilities.
0 a
Only 2 is correct.
O b.
Only 1 is correct.
O c.
All are incorrect.
O d.
1 and 3 are correct.
O e.
Only 3 is correct
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