2) What advantages do corporations have over earlier forms of business?

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asked Feb 7, 2021 77.8k views

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JohnForDummies · Answer 1 · 2021-02-13T03:46:55+0000

Answer:

Advantages of a corporation include personal liability protection, business security and continuity, and easier access to capital.

Disadvantages of a corporation include it being time-consuming and subject to double taxation, as well as having rigid formalities and protocols to follow.

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2) What advantages do corporations have over earlier forms of business?

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