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Which of the following are advantages of incorporating (reasons that a company might want to be a corporation)? Mark all that apply. Requires owners to
Which of the following are advantages of incorporating (reasons that a company might want to be a corporation)? Mark all that apply.
Requires owners to assume personal responsibility for the debts of the business
Stock may be sold in a public stock exchange to raise capital
Allows ownership to be transferred relatively easily
Allows multiple owners to join together in a business
Stock ownership helps determine the strength or voting power of each owner
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