Which of the following statements is most correct?
A)An advantage to incorporation is that it allows for less regulation of the business.
B)An advantage of a corporation is that it is subject to double taxation.
C)Unlike a partnership,a disadvantage of a corporation is that it has limited liability.
D)Corporations face more regulations when compared to partnerships.

Question

Quizplus · Accepted Answer

Corporations face more regulations compared to partnerships, which is a disadvantage of incorporation.

Which of the Following Statements Is Most Correct