Would It Be Reasonable for a Successful Manufacturing Firm,started as a Sole

question 83

Multiple Choice

Would it be reasonable for a successful manufacturing firm,started as a sole proprietorship or partnership to eventually adopt the corporate organizational form?

• A) No,the tax burden (double taxation)is too costly
• B) No,the reporting burdens are too costly
• C) No,once started as a sole proper ship or partnership,firms are not allowed to change their form
• D) Yes,the competitive disadvantages to sole proprietorship or partnership are too burdensome

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