The typical business organization for large companies is the corporation. Advantages of the corporate form of business organization include: (Select all that apply.)

A. The corporation is owned by the board of directors who share in the profits and the liabilities of the company.

B. The owners' liability is limited to the amount of their investment in the company.

C. The life of the business is not tied to the status of the corporate owners.

D. Corporations have a greater ease in raising large sums of money than other forms of business organization.