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Homework answers / question archive / A disadvantage of the corporate form of business is: its status as a separate legal entity

A disadvantage of the corporate form of business is: its status as a separate legal entity

Accounting

A disadvantage of the corporate form of business is:

    1. its status as a separate legal entity.
    2. continuous existence.
    3. government regulation.
    4. ease of transfer of ownership.

 

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Answer:

c . government regulation .

Step-by-Step explanation

Corporations are subject to more regulations by the government. They are not considered as an advantage of the corporate form of business.

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