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Which one of the following would not be considered an advantage of the corporate form of organization? Group of answer choices Limited liability of owners Separate legal existence Continuous life Government regulation

User Rashid
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Answer:

Government regulation

Step-by-step explanation:

A corporation is a business that is owned by shareholders. The corporation is a separate legal entity and so it can sue and be sued, pay taxes and own assets.

Advantages of a corporation include :

1. they have limited liabilities

2. they have unlimited life. the business doesn't end even after the death of the owners unlike a sole proprietorship

3. they have more access to capital

Disadvantages of a corporation include :

high cost of setting up

Earnings to shareholders are taxed twice

User Dave Brondsema
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