Which of the following statements is correct?
A)A C corporation has a greater opportunity to raise capital than does an S corporation.
B)A limited partnership has a greater opportunity to raise capital than does a general partnership.
C)A partnership has a greater opportunity to raise capital than does a sole proprietorship.
D)Only a.and c.are correct.
E)a. ,b. ,and c.are correct.

Question

Quizplus · Accepted Answer

A C corporation has a greater opportunity to raise capital as it can sell shares of stock to investors. A limited partnership has a greater opportunity to raise capital than a general partnership as limited partners are only liable for the amount of their investment and not any debts or obligations the business may incur. A partnership has a greater opportunity to raise capital than a sole proprietorship because there are multiple owners who can contribute capital or bring in additional partners to invest. Therefore, option E is the correct answer as all the given statements are correct.

Which of the Following Statements Is Correct