answersLogoWhite

0


Best Answer

Can raise large amounts of capital

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Corporations have advantages over sole proprietorships and partnerships because they?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why is the accounting entity concept so fundamental that it pervades all of accounting?

The type of entity dictates the entries to be made for certain transactions. For instance "withdrawals" from sole proprietorships, partnerhips and corporations are recorded (and taxed) differently. That's boiling the issue down to an absolute minimum, and perhaps oversimplyfying it, as there are tax regulation differences between (within) various types of corporations and partnerships that affect the recording of transactions even more.


Why are agreement corporations called agreement corporations?

Agreement corporations are so named because they must agree to conform to activities permitted to Edge Act corporations.


Why did corporations arise?

The corporations arise because the massive industries needed more expert management


Who is nexus international corporation?

through our research we have learned that nexus international corporation is a holding corporation which holds the stock of many of don berlusconi corporations. don berlusconi is the wealthy italian businessman and son of mega rich former prime minister of italy, silvio berlusconi.nexus international corporation is a registered corporation in the cayman islands where berlusconi has most of his corporations registered. companies register in the caymen islands because of legal tax advantages, liability advantages and privacy. whereas all of don berlusconi holdings are privately held corporations owned by him and not publically listed corporations very limited information is available


When do you capitalize corporations?

No, because it isnot a propernoun.


Why are limited partnerships relatively rare?

they are this way because of the same puposes they have and their goal


What are the benefits that corporations and investors enjoy because of the existence of organized security exchanges?

What major benefits do corporations and investors enjoy because of the existence of organized security exchanges


Why did corporations hire immigrants over American workers in industrial age?

Because the corporations think that immigrants will accept lower pays.


How were corporations different form partnerships?

Originally a partnership could not be formed by trusts, estates, or corporations however however after years of case laws and common business practices a partner can be an individual, turst, estate, or corporation.


Why is it bad that corporations have first amendment rights?

Because the US Supreme Court has ruled that, according to their interpretation of the Consititution, that corporations are "persons" under the law.


How did corporations grow as a result of the Industrial Revolution?

Corporations were able to grow as a result of the Industrial Revolution. This is because it allowed production to be faster and spread.


Holograms are used by corporations on a variety of items because?

they are difficult to counterfeit