A private corporation is one that
A) is owned by only a few people and not traded on the open market.
B) does not pay taxes on its income.
C) does not hire employees.
D) can be purchased on the New York Stock Exchange.
E) all of the above.
Correct Answer:
Verified
Q43: Which stockholders usually have the right to
Q45: Corporations distribute profits to their owners in
Q48: The right of common stockholders to have
Q49: The biggest advantage of the corporate form
Q50: While corporations account for the majority of
Q50: In most states,corporations must have "corporation," "incorporated,"
Q51: Which of the following is a disadvantage
Q54: How does the taxation of partnerships work?
Q55: Corporations cannot be sued.
Q56: According to the Internal Revenue Service,
A)profitable partnerships
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