A corporation is a specific form of business that is legally formed under state laws and is considered a separate entity
Indicate whether the statement is true or false
TRUE
Explanation: A corporation is a separate entity. Business owners find this an attractive ownership structure because as a separate entity, corporations have limited liability.
Business
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All of the following are key functions of an organization except:
A. Sales B. Information systems C. Marketing D. R&D
Business
Which is an example of commingling?
A) A broker deposits earnest money in her trust account. B) A broker deposit earnest money in her business account. C) A broker deposits commissions earned in her business account D) A broker deposits a tenant security deposit in a property management trust account.
Business