Question

Choose the statements that CORRECTLY describe a business organization.​

choices

Sole Proprietorships and Partnerships both have unlimited liability.

Corporations are owned by 100 or more people.

Corporations are generally subject to greater government oversight.

Sole Proprietorships are not common because forming them is complicated.

A disadvantage to partnerships is that profits are divided between many shareholders.

An advantage to Corporations aI's a business organization is that they enjoy unlimited life and limited liability.

Answer 1

An advantage to Corporations aI's a business organization is that they enjoy unlimited life and limited liability.

Step-by-step explanation:

Unlimited life and limited liability are the major advantages of corporations.

Corporations have unlimited life unless all the shareholders decides to dissolve the corporation.

It has limited liability, it means that only the company assets will be sold in case of debt and investors are not liable to pay the debt.