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Which one of the following business types is best suited to raising large amounts of capital? a
Which one of the following business types is best suited to raising large amounts of capital?
a. limited partnership.
b. corporation.
c. sole proprietorship.
d. limited liability company.
e. general partnership.
Expert Solution
The correct answer is b. corporation.
Corporations can raise a large amount of capital by selling shares either by entering in the stock market or through private placements.
The rest of the choices are incorrect as these have limited ability to raise large capital.
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