________ is a major disadvantage of the corporate form of business

A) Double taxation
B) Unlimited liability
C) Lack of ability to raise capital
D) Transfer of ownership

Answer: A

Business

You might also like to view...

Which does a company listed on the Dow Jones Sustainability Indices exemplify?

A. being the most sustainable company for investment purposes B. being a benchmark company to compare against other companies for investment profit C. operating and preserving resources in an ecologically responsible manner D. endowing worthwhile philanthropies and contributing to underprivileged communities

Business

A ________ is a type of loan that has the same cash flow payment every year throughout the life of the loan

A) discount loan B) simple loan C) fixed-payment loan D) interest-free loan

Business