All of the Following Are Advantages of a Corporation EXCEPT

question 326

Multiple Choice

All of the following are advantages of a corporation EXCEPT

• A) double taxation.
• B) limited liability.
• C) ability to raise large sums of financial capital.
• D) unlimited life.

---

Definitions:

Cognac

A type of brandy named after the town of Cognac in France, known for its strict production methods and aging process.

Handbags

Fashion accessories designed for carrying personal items, whose market dynamics can illustrate economic concepts of demand, supply, and price elasticity.

Exchange Rate

The valuation of one currency in the context of exchanging it for another.

Carrots

A root vegetable, typically orange in color, cultivated and consumed for its sweet flavor and nutritional value.