Which of the Following Statements Regarding the Corporate Form of Business

question 94

Multiple Choice

Which of the following statements regarding the corporate form of business is correct?

• A) The disadvantages are that generating capital is difficult and that owners have limited liability.
• B) Disadvantages are that the business is subject to government regulations and double taxation on its income.
• C) One disadvantage is that ownership is easy to transfer.
• D) All of the other options are correct.