What does the limited liability of the owners of stock in a corporation mean?

(A) The stockholders of a corporation can lose only what they have invested in the corporation.
(B) The managers hired by the corporation are not responsible for the debts of the corporation.
(C) The corporation is not responsible for the private debts of the owners of stock.
(D) The corporation can raise money by selling more shares of stock.

Ans: (A) The stockholders of a corporation can lose only what they have invested in the corporation.

Business

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Which of the following is true of click-and-collect?

a. It requires representatives to sell products door-to-door, in offices, or at in-home sales parties. b. It employs outbound and inbound telephone contacts to sell directly to customers. c. It enables consumers to make their purchases online and pick up their orders from physical stores. d. It allows customers to shop over the Internet and have items delivered directly to their door.

Business

One of the main disadvantages of the forced-distribution method of evaluation is that:

A) it is unpopular among raters. B) it allows too many employees to be categorized as "Excellent." C) it is highly unreliable. D) administering it becomes very complex in large organizations.

Business