Which of the following is a positive feature of carrying on business as a corporation?
A) complete shielding from negligent or wrongful acts of partners
B) the availability of differing degrees of ownership and sharing of profits
C) the ease and low cost of creating a corporation compared to other business forms
D) partial shielding from contractual obligations

Question

Quizplus · Accepted Answer

Corporations allow for differing degrees of ownership through shares, and profits can be distributed as dividends, making it a flexible structure for ownership and profit-sharing.

Which of the Following Is a Positive Feature of Carrying