Which of the following statements is NOT considered a disadvantage of the corporate form of organization?
A) additional taxes
B) government regulations
C) limited liability of shareholders
D) separation of ownership and management

Question

Quizplus · Accepted Answer

Limited liability of shareholders is considered an advantage of the corporate form of organization, as it means that shareholders are only financially liable up to the amount of their investment in the corporation. This protects personal assets from being used to satisfy corporate debts and liabilities.

Which of the Following Statements Is NOT Considered a Disadvantage