Match the following characteristics with the form of business entity that best describes it. Each may be used more than once.
-Has the ability to obtain large amounts of resources
A)Proprietorship
B)Partnership
C)Corporation
D)Limited liability company (LLC)

Question

Quizplus · Accepted Answer

A corporation has the ability to issue stocks and bonds, allowing it to obtain large amounts of resources from a variety of investors. Proprietorships and partnerships are typically limited to the resources of their owners/partners, while an LLC may have difficulty obtaining financing due to its ambiguous legal and tax status.

Match the Following Characteristics with the Form of Business Entity