One of the reasons why C corporations have an edge over sole proprietorships is:
A) the ease of its formation.
B) because single individuals can retain the total profits of the company.
C) because members have unlimited liability toward the company.
D) the permanence of the business.

Question

Quizplus · Accepted Answer

C corporations have an advantage in terms of permanence because they continue to exist beyond the involvement of their original owners, unlike sole proprietorships which are tied to the individual owner.

One of the Reasons Why C Corporations Have an Edge