Question

Ownership of a corporation is __________ to transfer. A. easy B. difficult C. impossible D. impractical

Answer 1

I beg to differ with @Ari1471. Transferring ownership of a corporation is very difficult. It requires time, work, contracts, legal statements, etc. It is difficult.

Answer 2

Option A.

Explanation:

Easy, is the right answer.

The transfer of ownership of a corporation is easy because the formation of the corporation needs to fill important documents with state government. However, it is a legal person which has separate legal entity and it is different from its owner. Moreover, the shareholders are the owners of a corporation but the person who manage the all activities of corporation are known as director.