What is the major advantage corporations have over other business entities?
A) It is easier for a corporation to raise capital than other forms of businesses.
B) A corporation is treated as a separate legal entity for tax and legal purposes.
C) A corporation's shares can be freely traded among its shareholders.
D) All of the above are advantages that a corporation has over other business forms.
Answer: D
Business
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A) shrink-wrap B) volume C) click-wrap D) shareware E) implied
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Which quotation represents the organizational identity of a company?
A) "I know what the company wants to do." B) "I feel I'm treated fairly here." C) "I'm proud to be part of this company." D) "I understand what the department does." E) "I'm encouraged to experiment at this company."
Business