Which of the Following Statements Is CORRECTσ

Which of the following statements is CORRECTσ

A) it is generally more expensive to form a proprietorship than a corporation because, with a proprietorship, extensive legal documents are required.
B) corporations face fewer regulations than sole proprietorships.
C) one disadvantage of operating a business as a sole proprietorship is that the firm is subject to double taxation, at both the firm level and the owner level.
D) one advantage of forming a corporation is that equity investors are usually exposed to less liability than in a regular partnership.
E) if a regular partnership goes bankrupt, each partner is exposed to liabilities only up to the amount of his or her investment in the business.