The _____ is the most commonly chosen legal structure for a growing company that seeks outside capital in the form of equity or debt.
A) C-corporation
B) S-corporation
C) B-corporation
D) limited liability company (LLC)
E) nonprofit corporation

Question

Quizplus · Accepted Answer

C-corporations are the most commonly chosen legal structure for growing companies seeking outside capital. This is because C-corps can issue multiple classes of stock, attract a wide range of investors, and are not limited in the number of shareholders they can have, making them highly attractive for businesses looking to raise capital through equity.

The _____ Is the Most Commonly Chosen Legal Structure for a Growing