Question: A local retail shop has been operating as a sole proprietorship. The business is growing and now the owner wants to incorporate. Which of the

A local retail shop has been operating as a sole proprietorship. The business is growing and now the owner wants to incorporate. Which of the following is not a reason for this owner to incorporate?

Group of answer choices

ability to raise capital for expansion

desire to limit the owner's personal liability

the prestige of operating as a corporation

the ease in transferring shares of the corporation stock

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