A corporation has:
A)limited liability
B)ease of transferring ownership
C)continuity of life
D)ability to attract financing
E)all of the above

Question

Quizplus · Accepted Answer

Corporations are structured to offer limited liability to their shareholders, making it easier to transfer ownership through the sale of stock. They also have the advantage of continuity, meaning the corporation can continue to exist beyond the lives of its individual members. Additionally, corporations can attract financing more easily than other business forms due to their ability to issue stock and their established legal structures.

A Corporation Has