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1) LMNO Corporation discovered financial information about its prime competitor which it used to its advantage. LMNO did not obtain the information from any illegal source or through any illegal means. Which of the following disadvantages of the corporate form of business is probably responsible for LMNOs learning of the details of its competitors financial situation? Group of answer choices Conflict within the corporation giving pressure to increase sales revenue Government regulation demands necessitating increased paperwork Lack of secrecy because of reporting requirements for many corporate activities Requirements for specialized management cause competitors to employ individuals who have worked for competitors Limited liability.

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1) LMNO Corporation discovered financial information about its prime competitor which it used to its advantage. LMNO did not obtain the information from any illegal source or through any illegal means. Which of the following disadvantages of the corporate form of business is probably responsible for LMNOs learning of the details of its competitors financial situation? Group of answer choices Conflict within the corporation giving pressure to increase sales revenue Government regulation demands necessitating increased paperwork Lack of secrecy because of reporting requirements for many corporate activities Requirements for specialized management cause competitors to employ individuals who have worked for competitors Limited liability

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