Which of the following reasons is a disadvantage of owning an incorporated company?

A.) only one person can own the corporation

B.) transferring ownership is a difficult process

C.) complicated government regulations must be followed

D.) shares of the corporation's stocks must be purchased

Question

Giana Khan

Business

14 May, 10:00

Which of the following reasons is a disadvantage of owning an incorporated company?

A.) only one person can own the corporation

B.) transferring ownership is a difficult process

C.) complicated government regulations must be followed

D.) shares of the corporation's stocks must be purchased

+3

Answers (1)

Know the Answer?

Lillian Delacruz · Answer 1

C

Explanation:

When owning a business a corporation there are many rules and laws to be followed you have to go through many things for the government and keep up your end of the deal that you've made with owning your own company.

Which of the following reasons is a disadvantage of owning an incorporated company?A.) only one person can own the corporationB.) transferring ownership is a difficult processC.) complicated government regulations must be followedD.) shares of the corporation's stocks must be purchased

Which of the following reasons is a disadvantage of owning an incorporated company?

A.) only one person can own the corporation

B.) transferring ownership is a difficult process

C.) complicated government regulations must be followed

D.) shares of the corporation's stocks must be purchased