Question

What are the primary advantages of forming a corporation? Select all that apply. Corporations are inexpensive and easy to set up. Corporations are not required to register with state governments and the federal government. It is easier to raise large amounts of capital. Owners are not personally liable for corporations’ debts. Corporations do not have to pay business taxes.

Answer 1

Answer:

It is easier to raise large amounts of capital.

Owners are not personally liable for corporations’ debts

Explanation:

A corporation is a company (or a group of people) allowed to act as a single legal entity.

It is separated from the owner or the manager of the company.So, they are not personally liable for corporations’ debts .

A corporation can also access to capital markets, this makes things easier to raise large amounts of capital for investment.

Feel free to ask for more if needed or if you did not understand something.

Answer 2

Answer: C and D

Explanation:

I just answered it on edgenuity :)