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

Question

Quizplus · Accepted Answer

A corporation is the form of business ownership best suited to raising large amounts of money for expansion as it can issue stocks and bonds to investors and can also take on debt to fund growth. Sole proprietorships and partnerships rely on personal funds or loans, and cooperatives are owned by members and may have limited access to outside investments.

The Form of Business Ownership Best Suited to Raising Large