NO.PZ2023090502000004
问题如下:
If a company owner expects to have a significant need for financing, which of the following organizational forms is the least appropriate choice?
选项:
A.Corporate
Partnership
Sole proprietorship
解释:
C is correct. A sole proprietorship is limited in financing to the owner’s funds and by the amount the owner can borrow personally. A partnership expands access to financing by adding owners, spreading risk, and adding borrowing capacity. The corporate form provides for the broadest access to financing because there are no limits to the number of shareholders and, with limited liability, shareholders are relatively more comfortable with the company borrowing.
RT