Which of the following legal forms of organization is most expensive to organize?
A) limited partnerships
B) sole proprietorships
C) partnerships
D) corporations

Question

Quizplus · Accepted Answer

Corporations are the most expensive to organize because the process typically involves legal fees, paperwork, and various other costs associated with incorporating at a state or federal level. Additionally, ongoing maintenance fees and compliance requirements are also considerably higher than other forms of organization.

Which of the Following Legal Forms of Organization Is Most