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 an advantage of the corporate form of organization because it protects the personal assets of the shareholders from the debts and liabilities of the corporation.

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