Which business structure provides the greatest opportunity for expansion?
A) sole proprietorship
B) partnership
C) corporation
D) limited liability company

Question

Quizplus · Accepted Answer

Corporations provide the greatest opportunity for expansion primarily because they can raise capital through the sale of stock, allowing them to grow much larger and more rapidly than other business structures. They also benefit from perpetual existence, meaning the corporation can continue to operate beyond the life of its founders.

Which Business Structure Provides the Greatest Opportunity for Expansion