Amelia has laid the groundwork for a fledgling business and is considering incorporating. Which of the following is a valid concern that she might have?(1 point)

Responses

The corporation will only last as long as she is able to work.
The corporation will only last as long as she is able to work.

Incorporating comes with an increase in liability compared to other business structures.
Incorporating comes with an increase in liability compared to other business structures.

The regulations will be more burdensome than in other business structures.
The regulations will be more burdensome than in other business structures.

Acquiring financing as a corporation will be much more challenging than it is for other business structures.

1 answer

The valid concern that Amelia might have is:

The regulations will be more burdensome than in other business structures.

Incorporating a business often brings more regulations and compliance requirements compared to other structures, such as sole proprietorships or partnerships. This can include additional paperwork, fees, and legal obligations that might not be present in other forms of business.