Which of the Following Is Not a Disadvantage of the Corporate

question 220

Multiple Choice

Which of the following is not a disadvantage of the corporate form of ownership?

• A) Difficulty of formation
• B) Limited liability
• C) Expense of incorporation and selling stock
• D) Lack of secrecy
• E) Double taxation

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Definitions:

Spider Eggs

Refers to the eggs produced by spiders, encapsulated in silk egg sacs for protection and development.

Fingernails

Keratin-based structures at the tips of the fingers, protecting the fingertip and surrounding tissue, and serving various biological and aesthetic functions.

Hopelessness Theory

A cognitive theory suggesting that a pessimistic outlook on life, where one feels a lack of control over outcomes, can lead to depression.

Depression

A mental health disorder characterized by persistently depressed mood, loss of interest in activities, and other symptoms that impair daily life.