The type of business ownership that has the potential to raise large amounts of capital through the sale of stock is called

Question

Quizplus · Accepted Answer

A corporation is the type of business ownership that has the potential to raise large amounts of capital through the sale of stock. This is because corporations can sell stock to a wide range of investors, allowing them to accumulate a large amount of capital. On the other hand, partnerships and sole proprietorships have limited options for raising capital since they are typically dependent on the personal resources of the partners or owner.

The Type of Business Ownership That Has the Potential to Raise