BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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sole proprietorship
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partnership
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corporation
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Detailed explanation-1: -A corporation is owned by shareholders who have limited liability, and it is best suited to raising large amounts of capital.
Detailed explanation-2: -Corporation. The corporation generally is the easiest form of organization for raising capital from outside investors. Equity capital may be raised by selling stock to investors.
Detailed explanation-3: -Corporations have an advantage when it comes to raising capital because they can raise funds through the sale of stock, which can also be a benefit in attracting employees.
Detailed explanation-4: -Joint Venture: A business venture where two or more persons or entities combine their interests in a particular enterprise and agree to share in the losses or profits equally or in proportion to their capital and asset contributions. A joint venture resembles a partnership and is taxed like a partnership.