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Which of the following could explain why a business might choose to organize as a corporation rather than as a sole proprietorship or a partnership?
Which of the following could explain why a business might choose to organize as a corporation rather than as a sole proprietorship or a partnership?
A. Corporations generally face fewer regulations.
B. Corporations generally face lower taxes.
C. Corporations generally find it easier to raise capital.
D. Corporations enjoy unlimited liability.
E. Statements c and d are correct
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