A disadvantage of corporations is that they are subject to _…

A disadvantage of corporations is that they are subject to _________, which means that a corporation is taxed on its net income and when the same income is distributed to shareholders in the form of dividends it is taxed again on the shareholders’ personal income tax returns.

Andy Zachery just launched a firm in the sporting goods indu…

Andy Zachery just launched a firm in the sporting goods industry.  On the day the company was launched, Andy issued a press release, indicating that the vice president of Brunswick, a highly respected sporting goods company, had agreed to serve on his board of directors.  Andy knows that such a high quality appointment will send an important message to his potential clientele.  This phenomenon is referred to as: