One disadvantage of the corporate form of business ownership is the: Multiple Choice1. limited liability of its shareholders for the firm's debts. 2. double taxation of distributed profits. 3. firm's greater ability to raise capital than other forms of ownership. 4. firm's potential for an unlimited life. 5. firm's ability to issue additional shares of stock.
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Home » Business » One disadvantage of the corporate form of business ownership is the: Multiple Choice1. limited liability of its shareholders for the firm's debts. 2. double taxation of distributed profits. 3.