Rita and Susan want to form and do business as Trips & Travel, Inc. They will serve as the firm's directors and officers, and will initially hold all of the stock in the company. A corporation is owned by

Question

Rita and Susan want to form and do business as Trips & Travel, Inc. They will serve as the firm's directors and officers, and will initially hold all of the stock in the company. A corporation is owned by​

Quizplus · Accepted Answer

The shareholders own a corporation. In this case, Rita and Susan initially hold all of the stock in the company, making them the owners of the corporation.

Rita and Susan Want to Form and Do Business as Trips