Which of the Following Is a Primary Disadvantage of Choosing

question 24

Multiple Choice

Which of the following is a primary disadvantage of choosing to form corporations as opposed to other forms of business?

• A) Pass-through taxation.
• B) Unlimited liability of officers and directors.
• C) Costs and formalities of setup.
• D) The difficulty of raising capital.

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Definitions:

Public Influence

The impact individuals or groups can have on public opinion, policy, or societal norms through various means of communication or action.

Full-Time Employees

Full-time employees are individuals employed by an organization who work a minimum number of hours defined by their employer, typically with benefits and job security.

Part-Timers

Refers to employees who work less than full-time hours, typically under a flexible schedule.

Issues Management

The process of identifying, analyzing, and responding to issues that could potentially impact an organization's performance, reputation, or operational effectiveness.