In the United States, there are three legal categories of firms: sole proprietorships, partnerships, and corporations. Which of the following is an advantage for corporations? O A. Corporations have unlimited personal liability O B. Corporations have control by an owner. O C. Corporations have greater ability to raise funds. D. Corporations have no layers of management. O E. Corporations have no double taxation of income. Which of the following is a disadvantage for corporations? O A. Corporations are costly to organize. OB. Corporations have no ability to share risk. OC. Corporations have unlimited personal liability. D. Corporations have limited ability to raise funds. E. Corporations have no stockholders