One Drawback of Switching from a Partnership to the Corporate

question 5

Multiple Choice

One drawback of switching from a partnership to the corporate form of organization is the following:

• A) It subjects the firm to additional regulations.
• B) It cannot affect the amount of the firm's operating income that goes to taxes.
• C) It makes it more difficult for the firm to raise additional capital.
• D) It makes the firm's investors subject to greater potential personal liabilities.
• E) It makes it more difficult for the firm's investors to transfer their ownership interests.

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