One disadvantage of _________ is the initial cost of starting this form of business organization.
A)corporations
B)general partnerships
C)sole proprietorships
D)limited partnerships

Question

Quizplus · Accepted Answer

Corporations have a high initial cost due to legal and registration fees, as well as the potential need for lawyers and accountants to assist with the formation process. The other forms of business organization listed (general partnerships, sole proprietorships, and limited partnerships) typically have lower start-up costs.

One Disadvantage of _________ Is the Initial Cost of Starting