All of the following are reasons business owners consider using a corporation structure of ownership EXCEPT ________.
A) the appearance of stability and legitimacy
B) protection from significant loss of personal assets
C) ease of forming and setting up the structure
D) eased ability of raising capital
E) ease of transferring ownership

Question

Quizplus · Accepted Answer

The ease of forming and setting up a corporation is not typically a primary reason for choosing this structure of ownership. In fact, there are more administrative and legal requirements involved in forming a corporation than some other structures, such as sole proprietorships or partnerships. The other options listed (appearance of stability and legitimacy, protection from significant loss of personal assets, eased ability of raising capital, and ease of transferring ownership) are all commonly cited benefits of using a corporation structure.

All of the Following Are Reasons Business Owners Consider Using