A corporation has which of the following set of characteristics?
A) shareholder control, income tax disadvantages, increased skills and resources
B) simple to set up and maintains control with founder
C) harder to raise funds and gives shareholders control
D) easier to transfer ownership and raise funds, limited liability

Question

Quizplus · Accepted Answer

Corporations have the advantage of limited liability, making it easier to transfer ownership and raise funds through the sale of stock.

A Corporation Has Which of the Following Set of Characteristics