An advantage of the company form of business is that:
A) it has a limited life.
B) its owners have a say in the day-to-day operations of the company.
C) it has the ability to raise large amounts of capital.
D) it is cheap and easy to establish.

Question

Quizplus · Accepted Answer

The company form of business has the ability to raise large amounts of capital. This is because it can issue public shares of stock and investors can purchase them, leading to a greater pool of funds for the business to use. The other options are not advantages of the company form of business - it does not have a limited life, its owners typically do not have a say in day-to-day operations, and it is not necessarily cheap and easy to establish.

An Advantage of the Company Form of Business Is That