Question

What is one advantage corporations have over other types of businesses?
A. Corporations let one person make all decisions.
B. Corporations are able to raise money more easily.
C. Corporations are the easiest businesses to get started.
D. Corporations have fewer legal regulations.

Answer 1

Answer: The answer is B: corporations have an easier time raising money to start or expand a business.

Explanation: Just took the test :)

Answer 2

The correct option is B. Corporations are able to raise money more easily is one advantage corporations have over other types of businesses.

What are the benefits of Corporations?

Being a corporation has a number of benefits, such as less personal liability, simple ownership transfers, business continuity, greater access to finance, and sporadic tax advantages.

Thus, The Four basic options exist for businesses to obtain the funding they require to fund these initiatives:

1. from early-stage investors
2. through the reinvestment of profits
3. through bank or bond borrowing
4. through the sale of stock. An organization's owners decide how to pay for sources of capital when selecting those sources.

Learn more about Corporations here:

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