Asked by
Mahima Gandhi
on Nov 08, 2024
Verified
Which of the following is a disadvantage of the corporate form of ownership?
A) Limited liability.
B) Ease of transfer of ownership.
C) Taxation.
D) Ability to raise capital.
E) The life of the corporation.
Taxation
The imposition of financial charges or other levies upon a taxpayer by a governmental organization in order to fund various public expenditures.
- Recognize the advantages and disadvantages of different forms of business ownership.
Verified Answer
TS
Learning Objectives
- Recognize the advantages and disadvantages of different forms of business ownership.