What are the main advantages and disadvantages of organizing a firm as a corporation? (Select all the choices that apply.) A. Disadvantages: Double taxation, separation of ownership and control. B. Advantages: Limited liability, liquidity, separation of ownership and control. C. Disadvantages: Double taxation, infinite life. D. Advantages: Limited liability, liquidity, infinite life.
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Home » Business » What are the main advantages and disadvantages of organizing a firm as a corporation? (Select all the choices that apply.) A. Disadvantages: Double taxation, separation of ownership and control. B.