Answered

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One disadvantage of a corporation is the:

A. difficulty of attracting investors
B. high cost and time-consuming startup
C. legal separation of assets
D. separation of ownership and management

Sagot :

GinnyAnsweridn

Final answer:

Corporations have disadvantages such as 'double taxation,' separation of ownership and management, and complexity in setup.


Explanation:

One disadvantage of a corporation is the 'double taxation' issue. This means the business is taxed, and dividends paid to shareholders are taxed as well, leading to higher taxation.

Another disadvantage is the separation of ownership and management in corporations. Shareholders may not have direct control over day-to-day operations or decision-making.

Additionally, corporations can be more complex and expensive to set up compared to sole proprietorships. They involve legal processes, fees, and compliance requirements that can be burdensome.


Learn more about Disadvantages of corporations here:

https://brainly.com/question/30710239


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