A company has which of these sets of characteristics?
A)Harder to raise funds and gives the owner full control
B)Shared control,tax advantages for family members,limited life
C)Simple to set up and control will always remain with the founder
D)Easier to transfer ownership and raise funds,and limited liability

Question

Quizplus · Accepted Answer

The characteristics listed in option D are indicative of a corporation, including the ease of transferring ownership, ability to raise funds through the issuance of stock, and limited liability protection for owners.

A Company Has Which of These Sets of Characteristics