Which form of business organization typically offers the easiest transfer of ownership?
A)proprietorship
B)general partnership
C)corporation
D)subchapter S corporation

Question

Quizplus · Accepted Answer

A corporation typically offers the easiest transfer of ownership because it issues shares of stock that can be easily bought and sold by investors. The transfer of ownership in a proprietorship or partnership can be more difficult because the owner or partners hold total control over the business and must agree on any changes in ownership. A subchapter S corporation is similar to a regular corporation but has certain tax benefits, and its transfer of ownership may be more restricted.

Which Form of Business Organization Typically Offers the Easiest Transfer