Which of the following is a disadvantage of the corporation form of ownership?

An inability to accumulate capital

The unlimited liability to the members of the board

Double taxation on profits and individuals

The lack of continuity

Respuesta :

Answer:

Option C, Double taxation on profits and individuals

Explanation:

The disadvantages of the corporation form of ownership are as follows -

a) It takes lot of time and hence is time consuming

b) The taxation gets double

c) Also, the formalities/protocols are very tough

Hence, the option C is correct