Which of the Following Is a Disadvantage to Incorporating a Business

question 84

Multiple Choice

Which of the following is a disadvantage to incorporating a business?

• A) Easier access to financial markets
• B) Limited liability
• C) Becoming a permanent legal entity
• D) Profits taxed at the corporate level and the shareholder level

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Definitions:

Dysfunctional Behaviors

Actions or behaviors by individuals that are harmful to themselves or to others, often disrupting functional and healthy dynamics in relationships, workplaces, or communities.

Leadership Role

A position or function assumed by an individual in guiding or commanding a group or organization towards achieving specific goals.

Transformational Leader

A leadership style characterized by the ability to inspire and motivate followers to achieve exceptional outcomes and promote significant change.

Ethics

The branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.