Which of the Following Describes a Disadvantage Associated with a Corporation

question 43

Multiple Choice

Which of the following describes a disadvantage associated with a corporation?

• A)double taxation
• B)cost of formation
• C)government regulations
• D)complexity of formation
• E)all of the above

---

Definitions:

Outsourcing

The business practice of hiring external firms or individuals to perform services or create goods that traditionally were performed in-house.

Health Insurance Coverage

Financial protection provided to individuals or groups for medical expenses, covering or reimbursing the costs associated with illness, injury, or preventative care.

Americans

Citizens or nationals of the United States of America, a country located primarily between Canada and Mexico.

Gross Domestic Product

The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period, serving as a broad measure of economic activity.