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One disadvantage of the corporate form of business ownership is the:
Multiple Choice
O limited liability of its shareholders for the firm's debts.
O firm's ability to issue additional shares of stock.
O firm's greater ability to raise capital than other forms of ownership.
O double taxation of distributed profits.
O firm's potential for an unlimited life.

Respuesta :

Answer:

The correct answer is letter "D": double taxation of distributed profits.

Explanation:

A Corporation is an entity, typically with specific characteristics of a large business. Corporations are considered to be separate legal entities from their owners. This implies double taxation for profits: one filing for corporate taxes and the other individually when the profits are distributed.

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