Question

The most important reason for the increasing prominence of the corporation was:________.

a. protection from creditors.
b. that some businesses required more capital than one person or a few people could provide.
c. the use of "double liability."
d. None of the above

Answer 1

That some businesses required more capital than one person or a few people could provide.(B)

Step-by-step explanation:

Corporations : they are large companies that operate as a separate legal entity different from their owners. Running a corporation required an high risk as well as huge capital outlay to establish which is difficult for an individual or a few to provide.

These entities are mostly listed and owned by stockholders. Sometimes a group of banks jointly provide them with loans to finance their project.