GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Disadvantages include double taxation and more government regulation
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Sole Propriotorship
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Partnership
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Corporation
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Franchise
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Explanation:
Detailed explanation-1: -Distinct Legal Entity. Double Taxation. Expensive to Form. Complicated to Form. Extensive Rules to Follow. Frequently Asked Questions (FAQs) 13-Sept-2022
Detailed explanation-2: -Fiscal Deficit May Increase. Government May Decrease Spending to Manage Fiscal Deficit. Corporates May Use Increased Earnings in Debt Repayment. More items •24-Sept-2019
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