You are a part owner of NewBrands Corporation because you _____.
(A) Attend the company's annual meetings.
(B) Have created a corporate charter for the company.
(C) Have purchased company bonds.
(D) Own the company's stock.
Ans: (D) Own the company's stock.
Business
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A limited liability company is essentially:
A) a limited partnership without limited partners. B) a limited partnership without a general partner. C) just another name for a limited partnership. D) just another name for a corporation.
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________ audit the financial reports of public companies as required by law
A) Internal accountants B) External auditors C) Credit managers D) Management accountants E) Forensic accountants
Business