Question: Current Attempt in Progress A local retail shop has been operating as a sole proprietorship. The business is growing and now the owner wants to
Current Attempt in Progress
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?
The ease in transferring shares of the corporation's stock
Desire to limit the owner's personal liability
The prestige of operating as a corporation
Ability to raise capital for expansion
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