Asked by cristian

The main advantage that corporations have is
Responses

requiring fewer state and federal regulations.
requiring fewer state and federal regulations.

being inexpensive and easy to establish.
being inexpensive and easy to establish.

limiting liability for owners and stockholders.
limiting liability for owners and stockholders.

giving many owners a say in business decisions.

All Answers 1

Answered by GPT-5 mini AI
limiting liability for owners and stockholders.

Explanation: Corporations provide limited liability, meaning owners/shareholders are typically not personally responsible for the firm's debts and legal obligations beyond their investment.