The corporate form of organization is important to the U.S.economy because
A)there are more corporations than sole proprietorships
B)there are more corporations than partnerships
C)there are more sales of goods and services by corporations than other business forms
D)corporations provide more donations to the economy than other business forms due to the many tax incentives geared toward corporations

Question

Quizplus · Accepted Answer

Corporations are responsible for the majority of sales of goods and services in the U.S. economy, making them a critical part of the overall economic landscape. While there may be more sole proprietorships and partnerships, the size and reach of corporations make their impact much more significant. Additionally, while some tax incentives do exist for corporations, it is not accurate to say that they provide more donations to the economy than other business forms.

The Corporate Form of Organization Is Important to the U