Multiple Choice
A local retail shop has been operating as a sole proprietorship.The business is growing and now the owner wants to incorporate.Which of the following is not a reason for this owner to incorporate?
A) Ability to raise capital for expansion
B) Desire to limit the owner's personal liability
C) The prestige of operating as a corporation
D) The ease in transferring shares of the corporation's stock
Correct Answer:
Verified
Correct Answer:
Verified
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