Which of the Following Is a Disadvantage of Forming a Corporation

question 25

Multiple Choice

Which of the following is a disadvantage of forming a corporation?

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

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Definitions:

Patient Protection

Measures and policies designed to ensure the safety, rights, and well-being of patients in healthcare settings.

Affordable Care Act

A comprehensive health care reform law enacted in March 2010, aimed at expanding health insurance coverage and reducing the costs of health care.

Marketplace Coverage

Health insurance plans available to individuals, families, and businesses through the Health Insurance Marketplace, established by the Affordable Care Act.

Protected Characteristics

Attributes or factors of an individual which are legally protected from discrimination, such as ethnicity, gender, age, religion, and disability among others.