Which of the Following Is Normally Considered a Major Disadvantage

question 206

Multiple Choice

Which of the following is normally considered a major disadvantage of the corporate form of business?

• A)unlimited liability of owners.
• B)difficult transfer of ownership.
• C)limited life.
• D)double taxation of earnings.

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Definitions:

Sociology

The study of social behavior, societies, patterns of social relationships, social interaction, and culture that surrounds everyday life.

Material Social Facts

Elements of society that have a physical or material existence, used by Durkheim to describe the objectivity of social phenomena.

Empirically Studied

Investigated or analyzed through observation or experience rather than theory or pure logic.

Academic Disciplines

Fields of study at universities or other educational institutions, each with its own set of methods, theories, and literature.