Which one of the following business types is best suited to raising large amounts of capital?
A)Sole proprietorship
B)Limited liability company
C)Limited partnership
D)Corporation
E)General partnership

Question

Quizplus · Accepted Answer

Corporations are best suited for raising large amounts of capital. They can issue stocks and bonds in the financial markets to raise funds, and can also attract investors due to limited liability and centralized management. This is not possible with sole proprietorship, general partnership, limited partnership, or limited liability company.

Which One of the Following Business Types Is Best Suited