232k views
5 votes
Which type of business ownership has the advantage of raising funds through the sale of stocks?

1) partnership
2) limited liability company
3) sole proprietorship
4) corporation

1 Answer

6 votes

Answer:

Corporation

Step-by-step explanation:

They are the only public limited (unlimited liability) option there, they are able to sell their shares on the stock market to raise funds.

hope this helps

User NOCARRIER
by
3.3k points