Scenario 4-1
In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-An enterprise that has only one shareholder does not constitute a corporation.

Question

Quizplus · Accepted Answer

An enterprise with only one shareholder can still constitute a corporation, as corporations can be formed with just one shareholder in many jurisdictions. This is known as a single-shareholder corporation.

Scenario 4-1 In a Given Year, Country a Exported $12 Million Worth