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

Question

Quizplus · Accepted Answer

Corporations are best suited for raising large amounts of capital because they can issue stocks and bonds to investors, which can be traded on stock exchanges. This allows corporations to access a wider pool of investors and raises the potential for a larger amount of capital. In addition, the liability of shareholders is limited to their investment in the company, which helps to attract more investors.

Which One of the Following Business Types Is Best Suited