Which of the following is not a disadvantage of the corporate form of ownership?

Question

Quizplus · Accepted Answer

Limited liability is actually an advantage of the corporate form of ownership, as it protects the personal assets of the shareholders from the liabilities of the corporation. The other options are potential disadvantages, such as the difficulty and expense of forming a corporation, the tax implications of double taxation, and the lack of privacy that comes with being a publicly traded company.

Which of the Following Is Not a Disadvantage of the Corporate