Multiple Choice
One of the disadvantages of owning a corporation is that
A) you may have limited financial resources and few fringe benefits.
B) creditors will not be able to hold you personally responsible for the corporation's debts.
C) you will likely experience personality conflicts or other disagreements among partners.
D) you must publicly disclose financial information.
E) you will need discipline, putting the company's needs before your own desires.
Correct Answer:

Verified
Correct Answer:
Verified
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