Corporations had the important advantage of

A. being run by an individual or a family.

B. developing into monopolies.

C. reducing the financial risk for individual investors.

D. keeping prices high.

Question

Corporations had the important advantage of

A. being run by an individual or a family.	

B. developing into monopolies.	

C. reducing the financial risk for individual investors.	

D. keeping prices high.

e.cociuba · Answer

C. If your corporation goes bankrupt, you lose your corporation and that is it. If your private business goes bankrupt, you lose everything you own minus the few things the bankruptcy court allows you to keep.