Which of the Following Is a Disadvantage of a Corporation

question 121

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 transactions of the business as separate and apart from those of the owners.

---

Definitions:

Somatoform Disorder

A mental disorder characterized by physical symptoms that have no apparent physical cause, indicating that psychological factors may be involved.

Cognitive Psychologist

A professional who studies mental processes such as perception, memory, problem-solving, and decision-making.

False Beliefs

Concepts or ideas that are accepted as true despite lacking evidence or logical backing.

Cognitive Therapist

A type of psychotherapist who helps patients identify and correct distorted thinking patterns that can lead to feelings and behaviors that are problematic.