Which of the following is a disadvantage of the corporate form of business organization?
A) mutual agency
B) unlimited liability
C) difficulty in transferring ownership
D) governmental regulation at both the federal and provincial levels
Correct Answer:
Verified
Q1: The ultimate control of the corporation rests
Q5: In a corporation,the two basic sources of
Q6: The number of shares currently in the
Q7: Share capital is also known as:
A) contributed
Q8: Which of the following types of business
Q62: Preferred shares are a hybrid between common
Q67: Common shareholders, due to their increased risk,
Q73: Under the Canada Business Corporation Act corporations
Q79: The term outstanding shares refers to the
Q87: One unique advantage given to preferred shareholders
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