Which Statement Regarding Corporations Is Most Accurate

Multiple Choice

Which statement regarding corporations is most accurate?

A) Due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of businesses are organized as corporations.
B) Due to legal considerations related to ownership transfers and limited liability, most business is conducted by corporations in spite of large corporations' often less favourable tax treatment.
C) Large corporations are taxed more favourably than sole proprietorships.
D) Corporate stockholders are exposed to unlimited liability.