Which statement about corporations is FALSE?
A)The ease of transferring ownership is an advantage.
B)A greater ability to raise capital than other forms of organization is an advantage.
C)Limited life is an advantage.
D)Double taxation of distributed profits is a disadvantage.

Question

Quizplus · Accepted Answer

Corporations have an advantage of having an unlimited life, not limited life. Limited life is not an advantage for corporations.

Which Statement About Corporations Is FALSE