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Bethany is planning to start a business. Why might she choose to operate her business as a corporation rather than as a proprietorship or a partnership?a.Corporate investors are exposed to unlimited liability.b.Taxes are not a major drawback to corporations because corporate earnings are only taxed once.c.Corporate shareholders are exposed to unlimited liability, but this factor is offset by the tax advantages of incorporation.d.Corporations generally face fewer regulations.e.Corporations generally find it easier to raise large amounts of capital.
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