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Disadvantage of companyexplain lack of credit standing ​

Answer»

Disadvantages of a company include that: the company can be expensive to establish, maintain and wind up. the reporting requirements can be complex. your financial affairs are public. if directors fail to meet their legal obligations, they may be held personally liable for the company's debts.Disadvantages. Blowing Your BUDGET -- The biggest DISADVANTAGE of credit cards is that they encourage people to spend MONEY that they don't have. ... High Interest Rates and Increased Debt -- Credit card companies charge you an enormous amount of interest on each balance that you don't pay off at the end of each month.Explanation:HOPE THIS HELPS UPLZ MARK A SBRAINLIEST BUDDY :)       >>>>>>>THANK U<<<<<<<



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