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Which of the following is an advantage of corporations relative to partnerships and sole proprietorships? Increased...

Which of the following is an advantage of corporations relative to partnerships and sole proprietorships?

Increased legal liability for investors

Easier to transfer ownership

Most common form of organization

Lower taxes

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Answer #1

Answer) Easier to transfer ownership

The easy transfer of ownership and the limited liability of stockholders are attractive features to potential investors. Thus, it is relatively easy for a corporation to raise capital by issuing shares of stock to many investors

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