Tara Brtek owns and operates the Singing Pig Food Company.Brtek makes and markets 20 different gourmet mustards,salsas,marinades,and dip mixes using its crooning pig logo.Brtek has been thinking about changing her sole proprietorship to a corporation so she can take advantage of which of the following?
A) Corporations have an enhanced ability to attract financing.
B) Corporations have fewer government restrictions and regulations.
C) Corporations pay lower and fewer taxes.
D) Corporations have guaranteed loans for expansion.

Question

Quizplus · Accepted Answer

Corporations have an enhanced ability to attract financing as they can issue stocks and have access to public markets for additional capital. This can allow for easier expansion and growth opportunities for the business.

Tara Brtek Owns and Operates the Singing Pig Food Company