When Alyssa decides that she no longer wants her Radio Shack stock, she will discover that a related benefit of a corporation is
A) the ease of transfer of ownership.
B) its perpetual life.
C) limited liability.
D) specialized management.
E) avoiding double taxation.

Question

Quizplus · Accepted Answer

The ease of transfer of ownership is a related benefit of a corporation because stocks can be easily bought and sold on the stock market, making it easy for investors to transfer ownership of their shares. This is a major advantage over other forms of business, like partnerships, where the transfer of ownership can be difficult and complicated.

When Alyssa Decides That She No Longer Wants Her Radio