Which of the following is not an advantage of a corporate form?
Well it certainly isn't A. The best advantage is the corporate veil of no personal liability. Given the answers, i gotta go with C. Corporations pay tax just like every body. It is easy to transfer ownership. It is USUALLY easy to raise capital.
by Kevin R - 13 hours ago
Probably C because corporate taxes are piled on top of whatever personal income taxes the owners pay on dividends. Probably not B because transfer of shares would have to be unanimous for "ownership" to be transferred. Probably not A because only certain individuals (such as treasurer) have personal liability. So that leaves D. A corporation can raise funds by selling shares, but so can an LLC or an LP, so it is not a particular advantage of corporations.
by beSee-n-u - 13 hours ago
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