Which retail ownership form has the greatest capacity for long-term existence?

Question

Quizplus · Accepted Answer

A corporation has the greatest capacity for long-term existence because it is a separate legal entity from its owners and has perpetual existence. The corporation can continue to operate even if the original owners sell their shares, and it has the ability to raise funds through stock sales or borrowing, giving it financial stability. Sole proprietorships and partnerships may dissolve if the owner or partner dies, becomes incapacitated, or decides to sell their share. Franchises have a limited term (typically 5-20 years) and may not be renewed by the franchisor.

Which Retail Ownership Form Has the Greatest Capacity for Long-Term