Answer :
All of the following are the advantages of a corporation.
A company is a different legal body from the people who own it, the shareholders who contribute by purchasing stock shares. A Board of Directors, chosen by the shareholders, oversees corporations. Benefits include infinite life for the corporation, restricted liability, and easier access to finance.
Interestingly, even though not every firm is a corporation, all corporations are nevertheless regarded as companies. There are several distinct company structure options, and each has pros and cons for both corporate operations and taxation.
In the United States, there are four main forms of corporations: sole proprietorships, Limited Liability Companies (LLCs), S-Corporations (S-Corps), and C-Corporations (C-Corp).
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