Which of the following types of business organizations terminates when its ownership structure changes?
A) Proprietorships only
B) Proprietorships and corporations
C) Partnerships and proprietorships
D) Partnerships and corporations
Correct Answer:
Verified
Q20: Preferred stock is a hybrid between common
Q21: Which of the following is a disadvantage
Q22: Shareholder rights may include:
A)the right to an
Q23: The basic unit of ownership for a
Q24: Contributed capital is also known as:
A)common stockholders'
Q26: Since a corporation is a separate legal
Q27: The chairperson of the board of directors
Q28: The number of shares of stocks outstanding
Q29: Legal capital is the:
A)amount owed to owners.
B)amount
Q30: Paid-in capital is the amount of stockholders'
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