Question

What's one advantage to the corporate form of ownership? A. Expensive to start up B. Ability to raise large amounts of money through the sale of stock C. Double taxation D. Unlimited liability

Answer 1

Correct Answer:

B. Ability to raise large amounts of money through the sale of stock

Step-by-step explanation:

Corporate form of ownership is the process whereby people can come together to form a corporate business in-order to maximize their business. The corporation is separate and distinct from its owners. Also, it is open to large number of investors who would like to partake in the ownership of the corporation. For example, Amazon and Ebay.