Which of the Following Is a Disadvantage of the Corporate

question 70

Multiple Choice

Which of the following is a disadvantage of the corporate form of business organization?

• A)Difficulty in transferring ownership
• B)Unlimited liability
• C)Mutual agency
• D)Governmental regulation at both the federal and state levels

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Definitions:

Factory Operating

Activities and processes involved in the daily running and management of a manufacturing facility.

Maximum Rate

The highest possible rate or level of something, which might refer to interest rates, production speeds, or capacity.

Joint Cost

Costs incurred in the process of producing two or more products simultaneously from the same input or process.

Split-Off Point

The split-off point is the stage in a manufacturing process where joint products can be recognized as separate products, each with its own identity.