Question

ASAP PLZ

What advantage does a corporation have over a sole proprietorship or a partnership?
(A) The business is responsible for its debt, not the people who own the business.
(B) It's not considered a separate legal entity from the people who own it.
(C) It's faster to establish and doesn't require the permission of the state or federal government.
(D) It's not subject to double-taxation, whereby the business income is taxed, and then the owners are taxed.

Answer 1

it's faster to establish and doesn't require the permission of the state or federal government

Answer 2

A

Step-by-step explanation:

Shareholders in a corporation are not liable for corporate debts. ...