Tara Brtek owns and operates the Singing Pig Food Company.Brtek makes and markets 20 different gourmet mustards,salsas,marinades,and dip mixes using her crooning pig logo.Brtek has been thinking about changing her sole proprietorship to a corporation so she can take advantage of which of the following?
A) Corporations have an enhanced ability to attract financing.
B) Corporations have fewer government restrictions and regulations.
C) Corporations pay lower and fewer taxes.
D) Corporations have guaranteed loans for expansion.

Question

Quizplus · Accepted Answer

Corporations have a greater ability to attract financing because they can issue stocks and bonds, and investors are more likely to invest in a corporation than a sole proprietorship.

Tara Brtek Owns and Operates the Singing Pig Food Company