is a major disadvantage of the corporate form of business
Question: A disadvantage of the corporate form of business entity is a. mutual agency for stockholders b. ... A disadvantage of the corporate form of business entity is a. mutual agency for stockholders b. unlimited liability for stockholders c. corporations are subject to more governmental regulations d. The ease of transfer of ownership Answer: C 2. The term deficit is used to refer to a debit balance in which of the following accounts of a corporation? a.