Business, 31.12.2019 02:31 saltytaetae

Relaxant inc. operates as a partnership. now the partners have decided to convert the business into a corporation. which of the following statements is correct?
a. relaxant’s shareholders (the ex-partners) will now be exposed to less liability.
b. the company will probably be subject to fewer regulations and required disclosures.
c. assuming the firm is profitable, none of its income will be subject to federal income taxes.

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Relaxant inc. operates as a partnership. now the partners have decided to convert the business into...

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