Private initiative and financing were most important in

All else equal, oil price increases decrease annual oil consumption and therefore decrease the number of years until the oil stock is depleted

Indicate whether the statement is true or false

How do a partnership and a corporation differ?

A) Partnerships have unlimited liability while corporations have limited liability. B) Corporations can issue stocks and bonds, while partnerships cannot. C) Corporations face more taxes than do partnerships. D) All of these are differences between the two types of businesses.