All of the following are advantages of the corporate form of business organization EXCEPT:

Question

Quizplus · Accepted Answer

The corporate form of business organization offers limited liability, meaning that shareholders are only liable to the extent of their investment in the company. Therefore, option B which says "Unlimited liability" is not an advantage of the corporate form of business organization. The other options, including unlimited life, flexibility in ownership change, and ability to raise capital, are all advantages of this form of business organization.

All of the Following Are Advantages of the Corporate Form