Question: Question 6 A local retail shop has been operating as a sole proprietorship. The business is growing and now the owner wants to incorporate. Which
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 following is not a reason for this owner to incorporate?
The prestige of operating as a corporation
The ease in transferring shares of the corporation's stock
Ability to raise capital for expansion
Desire to limit the owner's personal liability
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