Question

one disadvantage of ______ is the initial cost of formation. select one: a. limited partnerships b. sole proprietorships c. general partnerships d. corporations

Explanation:

Corporations often have higher initial - formation costs due to legal requirements like filing articles of incorporation, obtaining licenses, and setting up corporate governance structures. Limited partnerships, sole proprietorships, and general partnerships generally have lower formation costs as they are less complex legally.

Answer:

D. corporations