The distinguishing feature of a corporation is that:
A) a corporation is a legally defined, artificial being, separate from its owners.
B) there are no legal differences between the corporation and its owners.
C) it spreads the liability for its corporate obligations to all shareholders.
D) it provides limited liability only to small shareholders.
A
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Consider the following assets: I. Treasury Strips, II. Coupon Treasury bonds, III. growth stocks, and IV. medium quality corporate bonds. An aggressive investor without high- priority future goals would prefer
A) I. B) II. C) III. D) IV.
What is the function of pricing in the marketing mix?
A) assessing customer needs and values B) developing policies that generate revenue C) increasing the desirability of the product to buyers D) transporting products to customers quickly and inexpensively