Which type of business organization is the best for attracting new equity capital?
A)Sole proprietorship
B)Limited liability corporation
C)General partnership
D)A public corporation

Question

Quizplus · Accepted Answer

A public corporation is the best choice for attracting new equity capital as it is able to raise funds by selling shares of stock to the public. It also has limited liability protection for the shareholders, which can make it more attractive for investors. Sole proprietorships, general partnerships, and limited liability corporations do not have the ability to sell shares to the public and may have limited options for raising equity capital.

Which Type of Business Organization Is the Best for Attracting