Solved

Match the Characteristic of the Company with the Description of the Type

Question 109

Short Answer

Match the characteristic of the company with the description of the type of company.
A.Partnership.
B.Publicly traded corporation.
C.Privately traded corporation.
_____ 1.Issues shares of stock that are traded on a stock exchange such as the TSX.
_____ 2.Owners are personally liable for the debts of the company.
_____ 3.Shares of stock must be purchased directly from current owners.
_____ 4.Can raise more financial capital by selling stock to the greatest number of investors.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents