Which problem is more likely to affect a partnership than a corporation?
O A. It is overly expensive and complicated to get started.
O B. Shareholders may remove the owners from the company.
O C. There are too many legal regulations controlling the business.
O D. The business may end if one owner chooses to leave.

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Answer:

D.The buisness may end...

Explanation:

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The answer is Option D.

What is the main difference between a corporation and a partnership?

In a partnership, co-owners report their share of the business's income and losses on their personal tax returns. A corporation, which is formed by filing articles of incorporation, is a legally separate business entity owned by shareholders. An elected board and board-appointed officers manage the corporation.

What is a disadvantage of a corporation compared to a partnership?

Corporations cost more to set up and run than a sole proprietorship or partnership. For example, there are the initial formation fees, filing fees, and annual state fees. These costs are partially offset by lower insurance costs. Formal organization and corporate formalities.

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