Respuesta :
When henry started up his corporation, he also had to consider the disadvantages of starting and running a corporation. The disadvantage is that his corporation creates double taxation.
What do you know about Corporations?
A company is a separate legal entity from its shareholders. It is a group of people who are legally permitted to act together as one and who have their own rights and obligations apart from the people who make up the corporation. An organization called a corporation is one whose shareholders choose a board of directors to manage its operations. The corporation, not the shareholders, is responsible for the operations and financial health of the company. A corporation's goal is to run a legal, moral, successful, and sustainable model in order to maintain success and increase value through time.
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