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Which of the Following Is/are an Advantage of Incorporation

question 25

Multiple Choice

Which of the following is/are an advantage of incorporation?


Definitions:

Stocks And Bonds

Financial instruments where stocks represent ownership in a company and can yield dividends, while bonds are debt securities that pay fixed interest.

Sole Proprietorship

A sole proprietorship is a form of business owned and run by one individual, where there is no legal distinction between the owner and the business.

Unlimited Liability

A legal structure in which owners are personally responsible for all of the company's debts and liabilities without limit.

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