Dr. Jones and Dr. Smith own a medical practive that has exis…
Dr. Jones and Dr. Smith own a medical practive that has existed as a general partnership. They wish to incorporate. Advantages of incorporating include________. 1. Shielding Dr. Jones and Dr. Smith from personal liability 2. Tax-exempt status for Dr. Jones and Dr. Smith 3. Automatic not-for-profit status of the medical practive 4. Allwoing the practice to continue to exist even if Dr. Jones or Dr. Smith dies