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The close corporation furnishes not only the usual advantages of the corporate for but also various advantages of partnerships, such as active participation in the

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The close corporation furnishes not only the usual advantages of the corporate for but also various advantages of partnerships, such as active participation in the business by owners, security of control, and choice of present and future associates. Disadvantages of the close corporation include all but which of the following? B. Potential deadlocks concerning vital corporate activities when a minority interest has veto power. C. Problems encountered by owners who wish to withdraw their capital. A. Difficulties in raising equity capital when shares are not traded publicly. D. Inability to enter into contracts in its own name

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