Which of the Following Is Normally Considered a Disadvantage of the Corporate

question 216

Multiple Choice

Which of the following is normally considered a 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:

Bipolar Disorders

A psychological disorder marked by severe fluctuations in mood, ranging from high periods of mania or hypomania to low phases of depression.

Fantasy Proneness

A tendency towards intense daydreaming and an active imagination, often leading to a rich fantasy life.

Cognitive Traits

Characteristics or features that pertain to one's mental processes, including perception, memory, thought, and problem-solving capabilities.

Dissociative Disorders

A class of disorders in which people lose contact with portions of their consciousness or memory, resulting in disruptions in their sense of identity.