Which legal entity is generally best suited for going public?
A)Corporation.
B)LLC.
C)Limited liability partnership.
D)General partnership.
E)All of these entities are equally suited for going public.

Question

Quizplus · Accepted Answer

Corporations are the most suitable legal entities for going public because of their ability to issue stocks, which makes it easier to raise large amounts of capital from the general public. They also have limited liability protection for shareholders, which reduces risk for investors. LLCs, limited liability partnerships, and general partnerships do not have stock, and going public requires issuing stocks, so they are not well-suited for this purpose.

Which Legal Entity Is Generally Best Suited for Going Public