A corporation has the advantage of limited liability, which means that the owners' personal assets are protected from the company's debts and legal obligations. This is not the case for sole proprietorships or partnerships, where the owners are personally liable for the business's liabilities.
The responsibility is shared.Burden of dept can be shared.
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.
limits the liability of each investor
Sole proprietors get to make all of the business decisions themselves.
Sole proprietors get to make all of the business decisions themselves.
The responsibility is shared.Burden of dept can be shared.
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.
limits the liability of each investor
Sole proprietors get to make all of the business decisions themselves.
Sole proprietors get to make all of the business decisions themselves.
Sole proprietors get to make all of the business decisions themselves.
Sole proprietors get to make all of the business decisions themselves.
One of the main disadvantage of partnership over sole proprietorship is that you cannot excercise full power over the decisions and need to get other partners/partner onboard.
Corporations have an easier time raising money to start or expand a business.
The responsibility is shared.Burden of dept can be shared.
The question is incomplete. There are no options given (for "which of the following") to answer this question.
No options are given to answer this question.