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QUESTION IMAGE

a c corporation feature: select one: a. double taxation b. no board c. …

Question

a c corporation feature:
select one:
a. double taxation
b. no board
c. pass - through tax by default
d. no liability shield

Explanation:

Brief Explanations

C corporations are subject to double taxation—corporate profits are taxed at the corporate level, and dividends distributed to shareholders are taxed again at the individual level. Options b, c, and d are incorrect: C corporations require a board of directors, do not have pass-through taxation by default (unlike S corporations/LLCs), and provide liability shields for owners.

Answer:

a. Double taxation