Which one of the following business types is best suited to raising large amounts of capital?
A)Sole proprietorship
B)Limited liability company
C)Limited partnership
D)General partnership
E)Corporation

Question

Quizplus · Accepted Answer

A corporation is the business type best suited to raising large amounts of capital as it allows for the issuance of stocks to investors, which can result in a significant influx of funds. This is not possible for sole proprietorships, general partnerships, limited partnerships, or limited liability companies.

Which One of the Following Business Types Is Best Suited