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:

Visual Workplace

An organizational methodology that emphasizes the use of visual techniques and tools to communicate important information and maintain workplace organization.

Confidence Level

The probability that a statistical result is not due to chance, often expressed as a percentage.

Accuracy Level

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or standard.