When they first appeared in the U.S., corporations did not have all the advantages that they have today. For example, early corporations
A) had to be re-chartered upon the death of a shareholder.
B) were taxed at a higher rate than sole proprietorships and partnerships.
C) did not have the legal protection of limited liability.
D) were not allowed to have more than 12 shareholders.
E) All of the above.

Question

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The Answer of When they first appeared in the U.S., corporations did not have all the advantages that they have today. For example, early corporations
A) had to be re-chartered upon the death of a shareholder.
B) were taxed at a higher rate than sole proprietorships and partnerships.
C) did not have the legal protection of limited liability.
D) were not allowed to have more than 12 shareholders.
E) All of the above.

When They First Appeared in the U