A local retail shop has been operating as a sole proprietorship. - 6937

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 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?

A.  the ease in transferring shares of the corporation’s stock  

 B.  the prestige of operating as a corporation 

 C.  ability to raise capital for expansion 

 D.  desire to limit the owner’s personal liability 

 
Solution Description

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