Which of the following statements is CORRECT?
A) It is usually easier to transfer ownership in a corporation than it is to transfer ownership in a sole proprietorship.
B) Corporate shareholders are exposed to unlimited liability.
C) Corporations generally face fewer regulations than sole
Proprietorships.
D) Corporate shareholders are exposed to unlimited liability, and this
Factor may be compounded by the tax disadvantages of incorporation.
E) Shareholders in a regular corporation (not an S corporation) pay
Higher taxes than owners of an otherwise identical proprietorship.

Question

Quizplus · Accepted Answer

It is usually easier to transfer ownership in a corporation than it is to transfer ownership in a sole proprietorship.

Which of the Following Statements Is CORRECT