question 5\nwhat is one main advantage of incorporating a business?\nlower paperwork\nunlimited…

question 5\nwhat is one main advantage of incorporating a business?\nlower paperwork\nunlimited liability\nlimited liability protection\nno need for capital\nguaranteed profitability

question 5\nwhat is one main advantage of incorporating a business?\nlower paperwork\nunlimited liability\nlimited liability protection\nno need for capital\nguaranteed profitability

Answer

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