Question

2 which are advantages of a corporation? (check all that apply)
double taxation of profits
ease of transferring ownership
cost and complexity of formation
unlimited life
limited liability

Explanation:

Double - taxation of profits is a disadvantage, not an advantage. Ease of transferring ownership allows shareholders to sell shares easily. Unlimited life means the corporation continues regardless of changes in ownership. Limited liability protects shareholders from personal financial risk. Cost and complexity of formation are disadvantages.

Answer:

B. Ease of transferring ownership
D. Unlimited life
E. Limited liability