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Rudik [331]
3 years ago
11

What advantage does a corporation have over a sole proprietorship or a partnership?

Social Studies
1 answer:
EastWind [94]3 years ago
4 0

Answer:

d) The business is responsible for its debt, not the people who own the business.

Explanation:

One of the most significant advantages of a corporation is that it has limited liability. This means that the owners of the corporation aren't personally liable for debts that the business incurs. For example, if the business goes deep into debt, the creditors cannot come after the owners to personally pay the debts off.

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