The separation of ownership and liability make the option of incorporating a private business very appealing.

Name: The separation of ownership and liability make the option of incorporating a private business very appealing.
Brand: Quizplus
Rating: 4.7 (45 reviews)

Question

Quizplus · Accepted Answer

Incorporation allows for the separation of ownership and liability which protects the personal assets of an owner from the debts and liabilities of the business. This is a major advantage of incorporating a private business.

The Separation of Ownership and Liability Make the Option of Incorporating