Which of the following forms of business ownership has the following disadvantages: expensive to start, complex to maintain, and double taxation?

Question

Quizplus · Accepted Answer

Corporations are known for being expensive to start due to the legal and filing fees involved, complex to maintain because of regulatory requirements, and subject to double taxation where the corporation's profits are taxed and dividends paid to shareholders are also taxed.

Which of the Following Forms of Business Ownership Has the Following