All of the Following Are Disadvantages of Corporations Except

question 165

Multiple Choice

All of the following are disadvantages of corporations except

• A) perpetual life.
• B) double taxation.
• C) lack of secrecy.
• D) expensive formation.
• E) heavy government regulation.

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Definitions:

Transferred

The act or process of moving someone or something from one place, position, or ownership to another.

Leadership

The act of guiding or influencing a group towards achieving a common goal, often involving motivating and managing others.

Maturity

The state of being fully developed physically or mentally, often characterized by responsible behavior and emotional stability.

Only Child

A child who has no siblings, neither brothers nor sisters.