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question 5 what is one main advantage of incorporating a business? lowe…

Question

question 5
what is one main advantage of incorporating a business?
lower paperwork
unlimited liability
limited liability protection
no need for capital
guaranteed profitability

Explanation:

Brief Explanations

Incorporating a business offers limited liability protection. Shareholders' personal assets are generally not at risk for the company's debts and obligations. Incorporation usually involves more paperwork, not less. Unlimited liability is a characteristic of sole - proprietorships and partnerships, not corporations. All businesses need capital, and incorporation does not guarantee profitability.

Answer:

Limited liability protection