Why is it that only a small percentage of American firms are incorporated?
a. Corporate debt as stockholder's liability.
b. Small size of firms.
c. Unlimited liability.
d. Inability to outlast associated individuals.
b
Economics
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The Fed's eclecticism reflects:
A. A combination of flexible rules and limited discretion. B. Fixed rules that are set for monetary growth rates. C. Discretionary policy but not rules. D. The targeting of interest rates as the primary goal to be achieved by monetary policy.
Economics
"Supply creates its own demand" is known as
A) Smith's law. B) Say's law. C) the circular flow. D) the Ricardian dilemma.
Economics