Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is a disadvantage of a corporation? A. ownership cannot be easily transferred B. the life of the corporation is limited to

Which of the following is a disadvantage of a corporation?

A. ownership cannot be easily transferred

B. the life of the corporation is limited to the life of the management.

C. corporate income faces double taxation.

D. owners of the corporation have unlimited liability

E. corporations have limited access to raising money in capital markets.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forex This Book Includes Forex Beginners Forex

Authors: Jordon Sykes

1st Edition

154063180X, 978-1540631800

More Books

Students also viewed these Finance questions