What Is a Disadvantage of a Corporation Relative to a Sole

question 67

Multiple Choice

What is a disadvantage of a corporation relative to a sole proprietorship or partnership?

• A)Owners have unlimited liability.
• B)Profits are taxed twice: as corporate profits and as dividend income and capital gains to stockholders.
• C)high cost of capital
• D)perpetual life
• E)dies with the owner

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Definitions:

Member Goals

Member Goals refers to the personal or collective objectives set by individuals or groups within an organization, aiming for personal development or organizational achievement.

Conflicts

Disagreements or disputes between individuals or groups due to differing needs, beliefs, or interests.

Team Effectiveness

The degree to which a team is able to achieve its goals, perform successfully, and meet the needs of its members and stakeholders.

Leadership

The act of guiding or influencing a group towards achieving a common goal through direction, motivation, and implementing strategies.