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24 January, 10:49

Which is an advantage corporations enjoy over partnerships?

Question 22 options:

Corporations involve less paperwork and fewer management fees.

The taxes paid by a corporation are generally much smaller.

The owners of a corporation don't have to work together to make all of the business decisions.

Partnerships cannot protect their investors against being responsible for business debts.

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  1. 24 January, 13:34
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    The owners of a corporation don't have to work together to make all of the business decisions.

    An advantage of corporations enjoy over partnerships is that the owners of a corporation don't have to work together to make all of the business decisions, while this is true for partnership. Partnership generally has more money to invest in starting or expanding a business.
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