Which of the following is an advantage of corporations?
A) They tend to be personal in nature.
B) They incur the lowest incorporation fees and taxes.
C) They require the owner's liability to exceed the owner's investment.
D) They are better equipped in raising large amounts of money.

Question

Quizplus · Accepted Answer

Corporations have the advantage of being able to raise large amounts of money through the sale of stocks and bonds, which is not possible for most other types of businesses. This makes it easier for corporations to finance projects, expand operations, and take advantage of new opportunities.

Which of the Following Is an Advantage of Corporations