An advantage of the company form of business is that:
A)It has a limited life.
B)Its owner's personal resources are at stake.
C)Its ownership is transferable through the sale of shares.
D)It is simple to establish.

Question

Quizplus · Accepted Answer

The ownership of a company is transferable through the sale of shares, which means that buying and selling ownership in a company is relatively easy. This allows for more flexibility and liquidity than other forms of business ownership, such as partnerships or sole proprietorships.

An Advantage of the Company Form of Business Is That