What is a disadvantage of the corporate form? O Profit O Revenue Owners have very little influence on business decisions O Limited liability
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- Do those who are unable or unable to operate under a conventional corporation's limitations have a predisposition toward starting their own business? Is there a reason for this or not?Limited liability is a disadvantage of corporation companys? true or falseOwners have no personal liability under which legal business structure? A. a corporation B. a partnership C. a sole proprietorship D. There is liability in every legal business structure.
- Which of the following is not an advantage of the corporate form of business? a. limited liability b. easy transferability of shares c. enhanced ability to raise capital d. lack of government regulationwhich of the which of the following statements always apply to corporations a. unlimited liability b. limited life c. ownership can be transferred without affecting operations e. managers can be fired with no effect on ownershipOne of the following characteristics of a corporation is deemed a disadvantage. Which is it? a. Ownership transfer b. Double Taxation c. Easy Ability to Raise Capital d. Limited Liability Protection e. None of the above.
- Which characteristic of a corporation is a disadvantage? a. Mutual agency b. Double taxation c. Limited liability d. None are disadvantages.Why do the basis and at-risk rules usually prevent the same amount of losses from passing through to shareholders of S corporations? Need Proper explanationThe Principal-Agent Problem arises A) because managers have little incentive to work in the interest of shareholders when this means working against their own self-interest. B) because of the separation of ownership and control in a corporation. C) Both A and B D) None of the above
- Which of the following statements is true about different types of firms? O Corporations do not have limited liability O Owners of a corporation are liable for any obligations it enters into O Partnerships are the most common type of business firms in the world O A limited liability company is like a corporation because its owners are not personally liable for the firm's debtsWhich of the following is a disadvantage of the corporate form of organization? difficulty in raising capital unlimited liability of the owners finite life of the organization the tax treatment of dividendsWhich type of business organisation has a separated legal entity from its owners, and the owners are not liable for the debt of the business? Select one: A. Limited company B. Company C. Partnership D. Sole proprietorship