2 which are advantages of a corporation? (check all that apply)\ndouble taxation of profits\nease of…

2 which are advantages of a corporation? (check all that apply)\ndouble taxation of profits\nease of transferring ownership\ncost and complexity of formation\nunlimited life\nlimited liability

2 which are advantages of a corporation? (check all that apply)\ndouble taxation of profits\nease of transferring ownership\ncost and complexity of formation\nunlimited life\nlimited liability

Answer

Brief Explanations:

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