Which legal form of business has the ability to attract the greatest amount of capital from investors?
A)A limited liability company
B)A partnership
C)A corporation
D)A sole proprietorship

Question

Quizplus · Accepted Answer

Because investors may contribute capital to the business,avoid unlimited liability,escape the obligation to manage the business,and easily liquidate their investments by selling their shares,the corporation has the ability to attract large amounts of capital,even more than the limited partnership,or LLLP,whose partnership interests are not as freely transferable.

Which Legal Form of Business Has the Ability to Attract