answersLogoWhite

0

One of the main advantages of a corporation is that it is separate from its owners. Corporations also have the advantage of being able to exist if one or more owners quit or pass away. Corporations also have limited liability protection.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

Which of these is a major advantage of a corporation?

Limited liability is a major advantage of a corporation.


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.


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.


The main advantage of a corporation is that it?

.limits personal risks for investors::


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

corporation


A corporation is least likely to have which advantage?

establishment of price ceilings


What is the advantage of issuing stock?

It allows the corporation to raise capital.


What is the advantage of a partnership over a corporation?

One advantage of a partnership over a corporation is that partnerships have simpler and more flexible management structures, allowing partners to make decisions more quickly and easily.


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 is the advantage and disadvantage of a tired corporation?

A tired corporation is at a disadvantage because productivity can greatly drop within a short time. One advantage is that employees may suggest ideas that will make some processes less tiring.