Corporations
A) may be owned by one or more than one person.
B) may not be owned by only one person.
C) must be owned by a person different from the person who operates it.
D) must be owned and operated by the same persons.
Correct Answer:
Verified
Q15: An agency occurs when one person
A) has
Q16: A business that ends automatically with a
Q17: Sole proprietorships can be
A) sold.
B) inherited.
C) granted
Q18: A sole proprietorship is a business owned
Q19: A bankruptcy filing by a business requires
A)
Q21: A corporation's life continues indefinitely.
Q22: Partnership income is considered personal for tax
Q24: Promoters are the same as the initial
Q25: Match the most appropriate term to the
Q213: Match each definition with the correct term
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