Which of the Following Are The $\bold{disadvantages}$ Of Setting a Corporation?
A)Legal Fees Can Be High and Corporation

question 104

Multiple Choice

Which of the following are the $\bold{disadvantages}$ of setting a corporation?

• A)Legal fees can be high and separate tax returns have to be filed for owners and the business.
• B)Owners are legally responsible for the liabilities of the corporation.
• C)Owners must be involved in day to day running of the business.
• D)The business and owners are considered as separate legal entities.

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Definitions:

Brain Area

Any distinct region within the brain that has a specific function or role in the body's neurological system.

Behavioral Nature

focuses on the innate and learned aspects of an individual's behavior, considering how both genetics and environment contribute to actions and reactions.

Prejudice

The negative (or positive) evaluations or judgments of members of a group that are based primarily on group membership.

Discrimination

The negative (or sometimes positive) actions taken toward members of a particular group because of their membership in the group.