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What are the advantages and disadvantages of the corporation as a form of business organization?
Wiki User
∙ 8y ago
Advanatages: Limited Liability, Ease of transferability, ability to raise capital, unlimited life (perpetual lifetimes) Certain expenses are tax deductible
Disadvantages: Double Taxation, Forming a corporation costs more, States have higher fees, more state and federal regulations and oversight
Judy Chavez
Wiki User
∙ 8y agoThe main disadvantage of corporations,as compared with other forms of business organization,involves
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