The form of business ownership that is best suited to raising large amounts of money for expansion is the:
A)sole proprietorship.
B)partnership.
C)corporation.
D)co-operative.

Question

Quizplus · Accepted Answer

Corporations are the best choice for raising large amounts of money for expansion because they have the ability to issue stocks and bonds and can attract a large number of investors. This allows corporations to raise large amounts of capital very quickly. Sole proprietorships and partnerships are generally more limited in their ability to raise large amounts of capital. Co-operatives are owned and controlled by their members, who usually have limited interest in generating profits and expanding the business.

The Form of Business Ownership That Is Best Suited to Raising