Which of the Following Is Not an Advantage of Companies

question 59

Multiple Choice

Which of the following is not an advantage of companies over sole traders or partnerships?

• A) Limited liability
• B) Continuity of existence
• C) Less government regulation
• D) Simpler transferability of ownership

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Definitions:

Day-To-Day

Pertaining to the routine or regular activities that occur in daily life.

Major Orientations

Predominant directions, inclinations, or approaches within a particular field or general context, guiding attitudes, actions, and strategies.

Classification System

A method of organizing or categorizing things based on shared qualities or characteristics, used in a variety of fields such as biology, library science, and information management.

Developed

Developed denotes a state of advanced progress, particularly in terms of economic growth, industrialization, and living standards, often used in contrast with "developing" countries.