What benefit does a corporation have that a partnership and a sole proprietorship do not?A.An unlimited life spanB.A single ownerC.The ease of starting the businessD.Fewer rules and regulations

The advantages of a corporation compared to a sole proprietorship or partnership include:Multiple ChoiceThe ability of stockholders to make operating decisions for their company.Less paper work.Limited liability.Lower total taxes.

What is the main advantage of a partnership over a sole proprietorship?  A. Shared decision making  B. Limited liability  C. Tax benefits  D. Separate legal entity

Which one of the following is an advantage of a sole proprietorship?Group of answer choicesA. Shares debt burden with others in the businessB. Make financial decisions in a teamC. Unlimited access to public findingD. Ease of starting a business

Which of the following is an advantage of a corporation over a partnership?Multiple ChoiceA corporation only pays taxes once, while a partnership is subject to double taxation.Setting up a corporation is easier, while setting up a partnership requires legal charters.A corporation does not need to send out quarterly financial statements, but a partnership does.A corporation has fewer regulatory controls than a partnership.As a legal entity, a corporation can enter into contracts without as much difficulty as a partnership.

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.