_____ is a major disadvantage of the corporate form of business.

A)Double taxation

B)Unlimited liability

C)Lack of ability to raise capital

D)Transfer of ownership

Travis bought a share of stock for $31.50 that paid a dividend of $.85 and sold six months later for $27.65. What was his dollar profit or loss and holding period return?

A)-$3.00,-9.52%

B)-$3.85, -12.22%

C)-$.85, -2.70%

D)-$3.85, -9.52%