Question

Select the type of business that is most likely to obtain large amounts of resources by issuing stock. a. government entity b. partnership c. proprietorship d. corporation

Answer 1

Answer:

d. corporation

Explanation:

A corporation raises its capital by issue of stocks and Stockholders that subscribe for these shares will in turn receive their return in form of dividends.

Partnerships, government entities and sole proprietorship do not raise capital by issuance of stocks.