Which of the Following Is a Disadvantage of a Corporation

question 17

Multiple Choice

Which of the following is a disadvantage of a corporation when compared to a partnership?

• A)The stockholders have limited liability.
• B)The corporation is treated as a separate legal entity from the stockholders.
• C)The corporation and its stockholders are subject to double taxation.
• D)The corporation must account for the business's transactions separate and apart from those of the owners.