A firm that exists as a separate legal being is
A) a sole proprietorship
B) a corporation
C) a partnership
D) likely to be a small, family-run business
E) still dependent on its owners in many ways
Correct Answer:
Verified
Q106: Unlimited liability means
A) a firm is always
Q107: What characteristic is shared by both sole
Q108: When compared to a sole proprietorship, a
Q109: In a partnership, decisions made and liabilities
Q110: A firm owned by two or more
Q112: The owners of a corporation are
A) stockholders
B)
Q113: The first step in forming a corporation
Q114: A share of stock represents a claim
Q115: _ elect the firm's board of directors,
Q116: Which of the following is unique to
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