A firm that is legally distinct from its owners, who are called shareholders, is called a:
A) limited liability corporation.
B) sole proprietorship.
C) partnership.
D) corporation.
Correct Answer:
Verified
Q31: _ represent(s) ownership in a corporation.
A) Bonds
B)
Q32: A _ is a payment of a
Q33: Firms sell stock to:
A) generate a profit.
B)
Q34: To begin her accountancy firm, Cheryl filed
Q35: Which of the following is a reward
Q37: A firm that is legally distinct from
Q38: What is a stock?
A) a partial ownership
Q39: Which of the following is a key
Q40: An organization that has the authority to
Q41: A _ is made by a government
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