Large corporations such as ExxonMobil and Walmart are organized as limited liability corporations.
Correct Answer:
Verified
Q1: Companies using a low-cost emphasis provide products
Q5: Merchandising businesses produce products rather than provide
Q8: Merchandising businesses must be corporations.
Q8: The basic type of stock issued to
Q11: A corporation is a business that is
Q11: A partnership is owned by two or
Q12: A limited liability corporation combines attributes of
Q14: The popularity of the sole proprietorship is
Q16: Creditors have preference to assets behind stockholders
Q17: Accounting is thought to be the "language
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