Which form of business organization accounts for the largest proportion of business sales in Canada?

Question

Quizplus · Accepted Answer

Corporations account for the largest proportion of business sales in Canada. This is primarily due to the fact that corporations are able to pool resources through the issuance of shares, which allows them to raise large amounts of capital and grow their businesses rapidly. Additionally, corporations have the benefit of limited liability, which reduces the risk to shareholders and makes it easier to attract investors. Sole proprietorships and partnerships, on the other hand, have limitations in terms of their ability to raise capital and often have unlimited liability, making them less attractive to investors. Nonprofit organizations are not typically engaged in generating sales in the same way that businesses are, so they are not relevant to this question.

Which Form of Business Organization Accounts for the Largest Proportion