Select the type of business that is most likely to obtain large amounts of resources by issuing stock. a. government entity b. partnership c. proprietorship d. corporation

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Zviko

Answer:

d. corporation

Explanation:

A corporation raises its capital by issue of stocks and Stockholders that subscribe for these shares will in turn receive their return in form of dividends.

Partnerships, government entities and sole proprietorship do not raise capital by issuance of stocks.

The type of business that is most likely to obtain large amounts of resources by issuing stock is d. corporation

The following information should be considered:

  • A corporation raises its capital via issue of stocks and in return the Stockholders get the returns in the form of dividends for subscribing the shares  
  • Partnerships, government entities and sole proprietorship do not raise capital via issuance of stocks.

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