Which of the Following Is a Disadvantage of Forming a Corporation

question 50

Multiple Choice

Which of the following is a disadvantage of forming a corporation?

• A) unlimited liability of owners
• B) difficult transfer of ownership
• C) limited life
• D) double taxation
• E) less flexibility raising capital

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Definitions:

Archetypes

Unconscious psychic structures shared by all people.

Defense Mechanisms

Psychological strategies used by individuals to cope with reality and to maintain a positive self-image.

Empirical Evidence

Information obtained through observation or experimentation that serves as the basis for knowledge or justification.

Protective Strategy

A method or approach designed to safeguard or defend against potential threats, dangers, or undesirable outcomes.