A business owned by shareholders, also called stockholders, who own the rights to the company's profits but face only limited liability for the company's debts and losses.
Answer:
This is mainly because their business models can reach many markets and can supply a large quantity of goods and services to the market.
This is possible because a corporation has the required legal protection and economic capacity to function in a large scale. And it's activities are closely monitored I to reduce your he regulatory authorities such as the taxes department and SEC. Also, as the accounting standards and rules related to the transparency of the financial status of the companies, investors tends to invest more in these than in sole.proprietorships and partnerships, greatly increasing the ability to raise funds.
Explanation:
