Legal Question in Business Law in Virginia
more corporations
Why are corporations the dominant form of business in the United States?
Asked on 8/09/08, 5:13 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Re: more corporations
Such business entities as corporations thrive in a free market and Capitalism based system of free enterprise such as we find in the U.S., and with the tax and legal incentives which the government typically accords this type of business entity.
What other economic alternative would you prefer?
Answered on 8/10/08, 12:57 am
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