The stocks of Silver Novelties,a toy store,are completely owned by the Schmidts.When the family elected to move from a sole proprietorship to a corporation,the greatest concern was _____.

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When a sole proprietorship becomes a corporation, one of the main concerns is double taxation, as corporations are taxed on their profits and shareholders are also taxed on dividends.

The Stocks of Silver Novelties,a Toy Store,are Completely Owned by the Schmidts.When