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Limited liability is a major advantage of a corporation.

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Q: Which of these is a major advantage of a corporation?
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What is a major advantage of a corporation?

A major advantage of a corporation is the limited liability of the owners. When a stockholder dies, the corporation is not dissolved.


Why is limited liability a major advantage of a corporation?

This means in case of liquidation or bankruptcy their liabilities are only limited to the assets of the corporation and thus does not go into the coffer of the government


Which of these is a major advantage of a coporation?

The major advantage of a corporation is that one has its legal recognition as a business entity which is a must requirement to grow one's business. One can register its business and can have legal advantages of registration. http://www.aidandtrade.com/


What distinct advantage does a private or Subchapter S Corporation have over a public corporation?

jjj


Corporation advantages and disadvantages?

An advantage to having a corporation is limited liability. A disadvantage to having a corporation is the fact that income is taxed twice.


A corporation is least likely to have which advantage?

establishment of price ceilings


The main advantage of a corporation is that it?

.limits personal risks for investors::


What is the advantage of issuing stock?

It allows the corporation to raise capital.


The form of business organization that has the advantage of limited liability is a?

corporation


What is the advantage of a corporation?

A corporation has limited liability protection, and are typically not personally responsible for business debts. A corporation can live forever, even if an owner dies or sells interest, the corporation can still exist.


What of the following is an advantage for a corporation establishing itself in Delaware?

No income tax if the corporation also has physical operations in other states


What are the major advantage and disadvantage of concentric diversification?

what are the major advantage and disadvantage of concentric diversification?