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question number 22 state.edu Ahmed Haid: Attempt 2 a) unlimited liability b)...

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Accounting

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state.edu Ahmed Haid: Attempt 2 a) unlimited liability b) mutual agency Oc) limited life O d) ease of formation Question 22 (2 points) The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total. The current rate for Medicare is 1.45% for the employer and 1.45% for the employee, or 2.9% total. a) True b) False Question 23 (1 point) Saved One of the main disadvantages of the corporate form is: a) charter Ob) double taxation of dividends

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