Corporate takeovers of a firm occur
A. when one firm’s market share for their product goes to zero.
B. when a group acquires sufficient stock in a firm to take control of the firm’s operations.
C. when a new chief executive officer replaces the previous chief executive.
D. when a corporation issues new shares of stock.
Answer: B
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Regarding the regional distribution of population,
(a) New England as a whole continued to increase in its population base faster than the Middle Colonies throughout the colonial period. (b) Virginia had the smallest population of any colony at the time of the Revolution. (c) at the end of the colonial period, nearly half the total colonial population resided in the five Southern colonies. (d) the distribution remained firmly concentrated in what is now called the thirteen original colonies.
An advantage of a partnership over a proprietorship is
A) limited liability. B) that profits are not taxed twice. C) the ability to take advantage of greater specialization. D) that it is easier to dissolve.