Answer:
d) Some of the major advantages of incorporating your business are:
Step-by-step explanation:
Incorporating a business refers to the legal process of establishing a corporation or a limited liability company. It may involve upgrading the current business ownership structure or forming a new corporate or limited liability company.
A corporation has the advantage of limited liability. This feature safeguards a shareholder property from being attached to the liability of the company. The limited liability feature states that the shareholder liabilities are limited up to the level of capital contribution. Corporations are able to raise funds for expansion more easily compared to other ownership structures. They can sell shares to the public in the money market provided they meet the regulator's set requirements.