1.4 Which one is WRONG? Sole Proprietorship is easy to start AND has Limited Liability B Corporations have unlimited life and limited liability Corporations have the DISADVANTAGE of double taxation D Sole Proprietorship doesn't have double taxation 1 Point Question 4 1.5 in the context of Agency conflict, which one is WRONG? Shareholders are considered 'Principals Managers are considered Agents' Agency problem is the conflict of interest between Managers and Shareholders D Shareholders are ultimately in charge of the corporation E Managers always do what is best for shareholders