What is an advantage of organizing a company as a corporation rather than a partnership? Why dont

Question:

What is an advantage of organizing a company as a rather than a partnership? Why don’t all companies incorporate? (Appendix)

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...