Question: ( 5 points ) What is incorrect about the different forms of business organization? A . The advantages of proprietorships and partnerships include the ease

(5 points) What is incorrect about the different forms of business organization?
A. The advantages of proprietorships and partnerships include the ease and low cost of formation.
B. The advantages of corporations include limited liability, indefinite life, and ease of ownership transfer.
C. The disadvantages of a proprietorship are difficulty in obtaining large sums of capital and unlimited life.
D. The disadvantages of a corporation are double taxation of earnings, cost of setting up a corporation, and filing required state and federal reports.
E. All of the above.
(5 points) What is incorrect about the different forms of business

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