Which of the following statements is CORRECT?

a. Corporations generally face fewer regulations than proprietorships.

b. Corporate shareholders are exposed to unlimited liability.

c. It is usually easier to transfer ownership in a corporation than in a partnership.

d. Corporate shareholders are exposed to unlimited liability, but this factor is offset by the tax advantages of incorporation.

e. There is a tax disadvantage to incorporation, and there is no way any corporation can escape this disadvantage, even if it is very small.