Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following could explain why a business might choose to operate as a corporation rather than as a sole proprietorship or a partnership?
Which of the following could explain why a business might choose to operate as a corporation rather than as a sole proprietorship or a partnership?
Select one:
a. Corporations generally find it easier to raise capital.
b. Corporate investors are exposed to unlimited liability.
c. Less of a corporation's income is generally subject to taxes.
d. Corporations generally face fewer regulations.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started