Solved

Which of the Following Best Defines a Corporation

Question 13

Multiple Choice

Which of the following best defines a corporation?


A) It is an entity created and authorized by federal law that raises capital by issuing stock to limited partners.
B) It is an entity created and authorized by state law that raises capital by issuing stock to investors, who own the corporation.
C) It is an entity created and authorized by federal law that raises capital by issuing stock to investors, who own the corporation.
D) It is an entity created and authorized by state law that raises capital by issuing stock to limited partners.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents