Which of the Following Is a Disadvantage of a Corporation

question 21

Multiple Choice

Which of the following is a disadvantage of a corporation compared to a sole proprietorship?

• A)Limited liability
• B)Difficulty raising start-up money
• C)Lack of profitability
• D)Double taxation of corporate income
• E)Vulnerability in the case of the death of an owner

---

Definitions:

Central Tendency

A quantitative indicator that selects a unique value to symbolize the full range of data, typically using the mean, median, or mode.

Data

Raw facts and figures that require processing to generate meaningful information or insights.

Median

The value that divides a set of numerical data into two equal halves, with half of the data points being above it and half below.

Mean

The average of a set of numbers, found by dividing the sum of all the values by the number of values.