Limited liability, indefinite length of life, ease of expansion, legal entity, and transfer of ownership are considered advantages of a?Question 4Answera.partnership.b.corporation.c.trade union.d.sole proprietorship.
Question
Limited liability, indefinite length of life, ease of expansion, legal entity, and transfer of ownership are considered advantages of a?Question 4Answera.partnership.b.corporation.c.trade union.d.sole proprietorship.
Solution
The advantages mentioned - limited liability, indefinite length of life, ease of expansion, legal entity, and transfer of ownership - are typically associated with a corporation. Therefore, the answer is b. corporation.
Similar Questions
Limited liability, indefinite length of life, ease of expansion, legal entity, and transfer of ownership are considered advantages of a*1 pointsole proprietorship.partnership.trade union.corporation.
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