QUESTION 1 Which of the following statements is CORRECT? a. One of the advantages of the corporate form of organization is that it avoids double taxation. O b. It is easier to transfer one's ownership interest in a partnership than in a corporation. O c. One of the disadvantages of a proprietorship is that the proprietor is exposed to unlimited liability One of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights, 1.0,"one person, one vote." e Corporations of all types are subject to the corporate income tax. O d. QUESTION 2 Which of the following statements is CORRECT? oa. One drawback of forming a corporation is that it generally subjects the firm to additional regulations, b. One drawback of forming a corporation is that it subjects the firm's investors to increased personal liabilities Oc One drawback of forming a corporation is that it makes it more difficult for the firm to raise capital d. One advantage of forming a corporation is that it subjects the firm's investors to fewer taxes. One disadvantage of forming a corporation is that it is more difficult for the firm's investors to transfer their ownership interests Che Save and submit to save and submit. Click Save All Areto sare all answers