Drawback of Switching from a Partnership to the Corporate Form

question 13

Multiple Choice

drawback of switching from a partnership to the corporate form of organization is the following:

• A) It subjects the firm to additional regulations.
• B) It cannot affect the amount of the firm's operating income that goes to taxes.
• C) It makes it more difficult for the firm to raise additional capital.
• D) It makes the firm's investors subject to greater potential personal liabilities.
• E) It makes it more difficult for the firm's investors to transfer their ownership interests.

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Definitions:

Autism

A developmental disorder characterized by difficulties in social interaction and communication, along with restricted or repetitive patterns of thought and behavior.

Eye Contact

The act of looking directly into another individual's eyes, an important non-verbal communication that can indicate trust, attention, or aggression.

Repeats

The action or process of doing something again or multiple times.

Impaired Social Responses

Difficulties in effectively responding to social interactions, which can be a sign of certain psychological or developmental disorders.