If a proprietorship converts to a corporation form of business organization, it gives up control of day-to-day operations to the
A) bondholders
B) shareholders
C) owners
D) management
E) board of directors
Correct Answer:
Verified
Q49: A corporate bond is issued when a
Q50: A sole proprietorship is typically a relatively
Q51: If two partners have a firm with
Q52: One of the costs of shifting from
Q53: A corporation is not
A) a legal identity
Q55: If a corporation does not distribute profit
Q56: Corporate profits that are not reinvested in
Q57: Which of the following is a disadvantage
Q58: The major difference between a proprietorship and
Q59: Which of the following does not provide
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