Question

Which of the following is one of the advantages of forming a corporation?

Answer 1

Answer:

1) B  2) Nonprofit corporation

Explanation:

1) By forming a Corporation your company will have uncountable partners, after making an IPO Initial Public Offer in Stock Market. That's why Corporations, among other reasons, can raise more money than other companies.

So, it's B, The ability to sell stock to raise funds

2) A nonprofit organization must reinvest its eventual profits, in the Corporation. By law, and specific regulations, these companies must solely reinvest in themselves.

So, it's A nonprofit corporation.

Answer 2

B a non-profit corporation