BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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which is a disadvantage of corporations?
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difficulty of raising financial capital.
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the difficulty and expense of getting a charter
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lack of separate taxes in a partnership
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potential for conflict between partners
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Explanation:
Detailed explanation-1: -Disadvantages of a corporation include it being time-consuming and subject to double taxation, as well as having rigid formalities and protocols to follow. This article is for entrepreneurs who are trying to determine their business structure and whether a corporation makes sense for them.
Detailed explanation-2: -3. The primary disadvantage of the corporate form is the double taxation to shareholders of distributed earnings and dividends. Some advantages include: limited liability, ease of transferability, ability to raise capital, unlimited life, and so forth. 4.
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