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

Question

Quizplus · Accepted Answer

Corporations typically have higher initial costs due to legal fees and various filings required to set up the business entity. Limited partnerships and general partnerships may also have some initial costs but they are generally lower than corporations. Sole proprietorships have the lowest initial cost as they are the simplest business structure and do not require any formal registration.

One Disadvantage Of________is the Initial Cost of Starting This Form