Which of the Following Is a Disadvantage of the Corporation

question 24

Multiple Choice

Which of the following is a disadvantage of the corporation form of ownership?

• A)An inability to accumulate capital.
• B)The unlimited liability to the members of the board.
• C)Double taxation on profits.
• D)The lack of continuity.

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Definitions:

Triads

A type of organized crime syndicate in China and in countries with significant Chinese populations.

Collective Good

Benefits or values that are shared and accessible by all members of a given community, often exemplified by public goods like clean air and public parks.

Partner Constrained

A situation in relationships where one partner limits the choices or actions of the other, often leading to power imbalances.

Albert Ellis

A prominent 20th-century psychologist who developed Rational Emotive Behavior Therapy (REBT), a form of psychotherapy that focuses on identifying and changing irrational beliefs.