Which one of the following business types is best suited to raising large amounts of capital?
A)sole proprietorship
B)limited liability company
C)corporation
D)general partnership
E)limited partnership

Question

Quizplus · Accepted Answer

Corporations are the best suited for raising large amounts of capital because they can issue stock and sell ownership shares to investors. This can provide access to a large pool of capital and also allows for the transfer of ownership without disrupting the continuity of the business. Sole proprietorships, general partnerships, and limited partnerships tend to have less access to capital, while limited liability companies can be more limited in raising capital due to their structure.

Which One of the Following Business Types Is Best Suited