Legislators Created a Form of Business Called Corporations Because They

Legislators created a form of business called corporations because they thought that businesses could be more efficient in raising the capital necessary for producing goods, services, jobs, and wealth if:

A) multiple owners were involved in the strategic decision making process of the firm.
B) there was transparency among all stakeholders.
C) firms had the obligation to justify bad decisions.
D) individuals were protected by limiting the liability of individuals for business activities.