One disadvantage of the corporate form of business is
a. the ability to raise money is limited by the ability to issue stock
b. the corporation is a separate legal being
c. double taxation
d. the corporation hires professional managers
e. the corporation must pay dividends to shareholders
C
Economics
You might also like to view...
According to AD-AS model, the primary long-run effect of increases in the money supply is
A) higher price level. B) higher GDP. C) lower price level. D) lower GDP.
Economics
To an economist, total costs include
A) explicit, but not implicit costs. B) implicit, but not explicit costs. C) explicit and implicit costs. D) neither explicit nor implicit costs.
Economics