Which of the following is unique to the corporate form of business organization?
A) hiring and firing workers
B) borrowing funds for expansion
C) production of goods and services
D) limited liability for the firm's debts
E) ability to plow profits back into the firm
Correct Answer:
Verified
Q111: A firm that exists as a separate
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,
Q117: Alice's Restaurant is a business that is
Q118: CEO is an abbreviation for
A) corporate executive
Q119: If stockholders allow the company to reinvest
Q120: If the dividend yield is fixed, this
Q121: The first claim on a corporation's after-tax
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