Which of the following statements is INCORRECT?

Select one:

a. In part due to limited liability and ease of ownership transfer, corporations have more trouble raising money in financial markets than other organizational forms.

b. It is harder to transfer one's ownership interest in a partnership than in a corporation.

c. Sole proprietorships are subject to less regulations than corporations.

d. Limited liability and unlimited life are two key advantages of the corporate form over other forms of business organization.

e. One of the disadvantages of the corporate form of organization is that it has double taxation.