Mario founded Tapoz Communications Inc.in 1993.Ten years later, the company went public.Despite Mario's death in 2005, the company reported a 75 percent increase in revenue in 2006.Which of the following characteristics of a publicly traded company does this scenario best exemplify?
A) Transferability of investor ownership
B) Legal personality
C) Limited liability for investors
D) Separation of legal ownership and management control
Correct Answer:
Verified
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