Which of the following statements about the corporate form of business organization is true? the corporate form has the disadvantage of double taxation relative to a sole proprietorship. the corporate form is preferred over the sole proprietorship because a corporation is easier to form and faces less regulation. sole proprietorships are the most common form of business organization because liability is limited to the amount invested in the business by the sole proprietor. the corporate form has the advantage of unlimited liability.

Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.