Because of limited liability, individuals are more willing to invest in corporations than in other forms of business.
Correct Answer:
Verified
Q181: Common stockholders have the right to elect
Q182: A banker or lender is more likely
Q183: Although a partnership pays no income tax,
Q184: Preferred stockholders receive dividends before dividends are
Q185: The weakness of one partner may be
Q187: As with a sole proprietorship, one disadvantage
Q188: The amount paid for stock is the
Q189: When a business incorporates, it receives articles
Q190: The courts have held that an oral
Q191: Corporate officers are elected by the stockholders.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents