Which statement about corporations was true in the first half of the nineteenth century?

Question

Quizplus · Accepted Answer

In the first half of the nineteenth century, corporations were able to raise far more capital than traditional forms of enterprise due to their ability to sell shares of stock. Charters from the government were often lenient and did not strictly control corporations, and there was growing concern about the special privileges granted to corporations in the form of limited liability and legal personhood. While some Americans favored corporate charters with special privileges, others were critical of them. Therefore, options A, B, and C are incorrect.

Which Statement About Corporations Was True in the First Half