an important distinction between corporate and unincorporated businesses is group of answer choices a. corporations are able to borrow money; unincorporated businesses must be finance from internal sources. b. corporation owners have unlimited liability; unincorporated businesses are limited in their liability. c. corporations have a limited life; unincorporated businesses have an unlimited life. d. it is impossible for the income of unincorporated businesses to be taxed at a higher rate than the income of corporations. e. income earned by corporations may be subject to double taxation; income of unincorporated businesses is taxed only once.