Which of the Following Is a Key Difference Between a Corporation

Multiple Choice

Which of the following is a key difference between a corporation and a sole proprietorship?

A) Establishing a corporation is easier compared to establishing a proprietorship.
B) Unlike a corporation, a proprietorship is subject to double taxation.
C) Regulatory requirements are less severe for corporations than sole proprietorships.
D) Unlike a sole proprietorship, a corporation is subject to limited liability.
E) Establishing a sole proprietorship has complex legal requirements unlike a corporation.