Which of the following statements is CORRECT?
a. Corporations generally face fewer regulations than sole proprietor-ships.
b. Corporate shareholders are exposed to unlimited liability.
c. It is usually easier to transfer ownership in a corporation than it is to transfer ownership in a sole proprietorship.
d. Corporate shareholders are exposed to unlimited liability, but this factor is offset by the tax advantages of incorporation.
e. There is a tax disadvantage to incorporation, and there is no way any corporation can escape this disadvantage, even if it is very small.
Orignal From: Business & Finance, Help please..?
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