Which of the following are advantages of the corporate form of organization?

i. ability to raise large sums of equity capital
ii. ease of ownership transfer
iii. profits taxed at the corporate level
iv. limited liability for all owners

a. i and ii only
b. iii and iv only
c. ii, iii, and iv only
d. i, ii, and iv only
e. i, ii, iii, and iv

D. I, II, and IV only 

Explanation:

A corporation is a form of business where ownership can be acquired through purchase of shares.

The liability of shareholders also known as owners is limited to the amount invested in the business.

Corporations can raise capital through the issuance of shares, bonds and through borrowing.

The profits of a corporation can be taxed at the corporation and personal level. This is known as double taxation.

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