Which of the Following Is Normally Considered a Disadvantage of the Corporate

question 216

Multiple Choice

Which of the following is normally considered a disadvantage of the corporate form of business?

• A) Unlimited liability of owners
• B) Difficult transfer of ownership
• C) Limited life
• D) Double taxation of earnings

---

Definitions:

Evolutionary Force

Any factor that brings about changes in the genetic makeup of a population, aiding in evolution.

Inheritance Of Acquired Characteristics

A discredited biological hypothesis originally proposed by Jean-Baptiste Lamarck, suggesting that traits developed during an organism's life can be passed on to its offspring.

Jean-Baptiste Lamarck

A French naturalist who proposed an early theory of evolution, suggesting that organisms could pass on traits acquired in their lifetime to their offspring.

Analogies

In biology, structures possessed by different organisms that are superficially similar due to similar function but that do not share a common developmental pathway or structure.