Which of the following statements is CORRECT? One drawback of forming a corporation is that it generally subjects the firm to additional regulations. One disadvantage of forming a corporation is that it is more difficult for the firm's investors to transfer their ownership interests. One drawback of forming a corporation is that it makes it more difficult for the firm to raise capital. One advantage of forming a corporation is that it subjects the firm's investors to fewer taxes. One drawback of forming a corporation is that it subjects the firm's investors to increased personal liabilities.
Which of the following statements is CORRECT?
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One drawback of forming a corporation is that it generally subjects the firm to additional regulations.
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One disadvantage of forming a corporation is that it is more difficult for the firm's investors to transfer their ownership interests.
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One drawback of forming a corporation is that it makes it more difficult for the firm to raise capital.
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One advantage of forming a corporation is that it subjects the firm's investors to fewer taxes.
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One drawback of forming a corporation is that it subjects the firm's investors to increased personal liabilities.
The corporation is a category of business that is formed by the law of the country and is considered to be an artificial person due to which the management can engage in transactions in the name of a corporation than the owners.
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