Small, closely held corporations are often formed with a minimum of capital investment. Key assets used in

Question:

Small, closely held corporations are often formed with a minimum of capital investment. Key assets used in the business are then leased to the by the shareholders. What are the advantages of this approach?
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...