The form of business ownership best suited to raising large amounts of money for expansion is the:
A)Sole proprietorship.
B)Partnership.
C)Corporation.
D)Cooperative.

Question

Quizplus · Accepted Answer

A corporation is the best choice for raising large amounts of money for expansion. Corporations can issue stocks and bonds to investors, allowing them to raise large amounts of capital. Additionally, investors in a corporation typically have limited liability, meaning they are only at risk for the amount of money they have invested in the company. This makes investing in a corporation more attractive to potential investors. Sole proprietorships and partnerships are typically limited in their ability to raise large amounts of capital, as they are often reliant on personal funds or loans. Cooperatives are typically formed to benefit the members, rather than to raise large amounts of capital for expansion.

The Form of Business Ownership Best Suited to Raising Large