Limited liability, indefinite length of life, ease of expansion, legal entity, and transfer of ownership are considered advantages of a*1 pointsole proprietorship.partnership.trade union.corporation.

The correct answer is corporation.

Here's why:

1. Limited Liability: In a corporation, the owners (shareholders) have limited liability, which means they are not personally responsible for the debts and obligations of the corporation. This is not the case in a sole proprietorship or partnership.

2. Indefinite Length of Life: A corporation continues to exist even if the owners die or leave the business, which is not the case with sole proprietorships and partnerships.

3. Ease of Expansion: Corporations can raise capital (money) more easily by selling shares of stock. This is not an option for sole proprietorships or partnerships.

4. Legal Entity: A corporation is a separate legal entity that can own property, sue and be sued. This is not the case for a sole proprietorship or a partnership.

5. Transfer of Ownership: Ownership in a corporation can be transferred by selling shares. This is more difficult in a sole proprietorship or partnership.