Which of the following statements is considered an advantage of the corporate form of organization?
A)additional income tax
B)government regulations
C)limited liability of shareholders
D)increased disclosure requirements

Question

Quizplus · Accepted Answer

Limited liability of shareholders is considered an advantage of the corporate form of organization because it means that the personal assets of shareholders are protected from the corporation's debts and liabilities.

Which of the Following Statements Is Considered an Advantage of the Corporate