The expense associated with forming and maintaining the company in a corporation serves as a(n):
A) stepping-stone.
B) disadvantage.
C) accounting strategy.
D) advantage.

Question

Quizplus · Accepted Answer

The expense associated with forming and maintaining a corporation is a disadvantage because it can be costly to set up the legal and financial infrastructure of a corporation and to comply with ongoing regulatory requirements.

The Expense Associated with Forming and Maintaining the Company in a Corporation