Most well-known companies are corporations and tend to be large multinational businesses.

Question

Quizplus · Accepted Answer

Most well-known companies are indeed corporations, which are typically large multinational businesses. This is because corporations offer several advantages, such as limited liability for their shareholders and the ability to raise capital from the public by issuing stocks or bonds. As a result, many successful businesses choose to incorporate to take advantage of these benefits.

Most Well-Known Companies Are Corporations and Tend to Be Large