What is one of the disadvantages of a corporation when compared to a partnership?

Question

Quizplus · Accepted Answer

One disadvantage of a corporation is that both the corporation and its shareholders are potentially subject to double taxation. This means that the corporation has to pay taxes on its profits, and then when those profits are distributed to shareholders as dividends, the shareholders also have to pay taxes on that income. In a partnership, the profits are only taxed once as the partners report their share of profits on their individual tax returns.

What Is One of the Disadvantages of a Corporation When