Which of the following statements is correct? select all that apply it is usually easier to transfer ownership in a corporation than in a partnership. one advantage of forming a corporation is that equity investors are usually exposed to less liability than they would be in a partnership. one disadvantage of a sole proprietor is that it is subject to double taxation. corporate shareholders are exposed to unlimited liability it is generally less expensive to form a corporation than a proprietorship because, with a proprietorship, extensive legal documents are required. corporations generally find it easier to raise large amounts of capital. if a partnership goes bankrupt, each partner is exposed to liabilities only up to the amount of his or her investment in the business assuming the firm is profitable, none of its income will be subject to federal income taxes. one of the disadvantages of a proprietorship is that the proprietor is exposed to unlimited liability.

(A)It is usually easier to transfer ownership in a corporation than in a partnership

(B) One advantage of forming a corporation is that equity investors are usually exposed to less liability than they would be in a partnership.

(F) Corporations generally find it easier to raise large amounts of capital.

( I )  One of the disadvantages of a proprietorship is that the proprietor is exposed to unlimited liability.

Explanation:

(A) in a corportation ownership is acquire through shares, which are traded everyday in the market. While, partnership requires the approval of the previous partners.

(B) corporation has limited liability while partnership don't. They have unlimited liability

(C) FALSE the sole proprietorship passes directly to the personal income tax return of the owner.

(D) FALSE: they have limited liability

(E) FALSE: Corporation are more expensive

(F) TRUE: Corporation can issue share for millions of dollars while partnership needs to be fund from current partnership capital or new partners

(G) FALSE: they have unlimited laiiblity

(H) FALSE: income is subtect to federal income taxes

(I) TRUE: they are exposed to unlimited liability

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