Nutty Dough is a small chain of donut shops that is currently owned and operated by a group of seven partners.The owners think that their chain has the potential for rapid growth.One way the partners could deal with this would be to incorporate their business.

Question

Quizplus · Accepted Answer

By incorporating their business, Nutty Dough would become a separate legal entity, which would allow the partners to sell shares and raise capital for expansion, while also limiting their personal liability.

Nutty Dough Is a Small Chain of Donut Shops That