$6\mathrm{.}25$ points

With respect to the ownership of a corporation, we can say that

Its stock can be solely owned by a single person

By law, it needs to have at least $100$ stockholders

The longer a corporation is in existence, the more stockholders it is permitted to have

By law, shares must be available to all members of the public

$106\mathrm{.}25$ points

Which of the following is an advantage of the sole proprietorship?

Limited liability for its owner

Double taxation on its owner

No significant legal requirements for starting the business

Ability to sell shares of ownership to the investing public