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A disadvantage of the corporate form of business entity is:
a. mutual agency for stockholders.
b. unlimited liability for stockholders.
c. corporations are subject to more governmental regulations.
d. the ease of transfer of ownership.

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Related questions

Which of the following is a characteristic of a corporation?

a)Limited liability of stockholders.

b)No income tax.

c) Mutual agency.

d)Both b and c

28) A limited partnership attempts to: a) b) c) provide for continuity of operation upon the departure of one of the partners limit the number of partners who may vote at board meetings limit the number of partners who may purchase a share of ownership avoid the problem of unlimited liability for some investors limit the geographical area of operation for a business firm d) e)

21) A limited partnership attempts to: a) b) limit the number of partners who may vote at board meetings avoid the problem of unlimited liability for some of the owners provide for continuity of operation upon the departure of one of the partners limit the geographical area of operation for a business firm limit the number of partners who may purchase a share of ownership d)

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