The most important reason for the increasing prominence of the corporation was
A) protection from creditors.
B) that some businesses required more capital than one person or a few people could provide.
C) the use of "double liability."
D) None of the above were reasons.

Question

Quizplus · Accepted Answer

Corporations allowed for the pooling of resources from many investors, making it possible to undertake larger and more capital-intensive projects than could be managed by individuals or small partnerships. This need for substantial capital investment was a key driver in the development and prominence of the corporate form.

The Most Important Reason for the Increasing Prominence of the Corporation