Suzy is considering incorporating her financial consulting business. Of the items listed below, which one would not be a problem if she incorporates?

Question

Quizplus · Accepted Answer

Incorporating would actually help Suzy avoid unlimited liability, as it would create a separate legal entity for the business. However, the other options listed (heavy regulation, double taxation, complex legal requirements, and high costs of incorporation) may be potential problems when incorporating.

Suzy Is Considering Incorporating Her Financial Consulting Business