Which of the following legal forms of organization is most expensive to organize?
A) sole proprietorships
B) partnerships
C) corporations
D) limited partnership

Question

Quizplus · Accepted Answer

Corporations are the most expensive to organize due to the extensive legal and paperwork requirements involved in setting up a corporation, such as obtaining a charter, filing articles of incorporation, issuing stock, and creating bylaws. Additionally, ongoing compliance costs such as annual meetings and financial reporting can be significant.

Which of the Following Legal Forms of Organization Is Most