Which of the following statements is CORRECT? O a. Corporations of all types are subject to the corporate income tax s One of the advantages of a corporation from a social standpoint is that every stockholder has equal voting rights, ie, "one person, one vote: One of the disedvantages of a proprietorship is that the proprietor is exposed to unlimited liability. d one of the advantages of the corporate form of organization is that it avoids double taxation O e it is easier to transfer one's ownership interest in a partnership than in a corporation. Icon Key b Multiple Choice 01-034