Which of the Following Is NOT an Advantage of Forming

question 105

Multiple Choice

Which of the following is NOT an advantage of forming a corporation as opposed to organizing as a partnership or proprietorship?

• A)Limited liability of stockholders
• B)Corporation is separate legal entity distinct from its owners
• C)Ease of transferring ownership
• D)Limited taxation

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Definitions:

Global Commodity Chain

A worldwide network of production and distribution processes through which a product passes until it reaches the consumer.

High-profile

describes something or someone that attracts a lot of public attention or media coverage, often due to their importance or controversy.

North American

Relating to or characteristic of the continent of North America, including cultural, economic, and political aspects.

Nation-states

Political entities characterized by defined territorial boundaries and a unified government that represents the people residing within.