All of the Following Are Elements of a Small Business

question 191

Multiple Choice

All of the following are elements of a small business definition except that these firms:

• A)have fewer than 100 stockholders.
• B)are independently owned.
• C)are not dominant in its field.
• D)have annual receipts of less than a specified amount.

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Definitions:

Investor

An individual or entity that allocates capital with the expectation of receiving financial returns.

Investee

denotes an entity in which another entity holds an interest, typically through investment.

Subsidiary

A company that is controlled by another company, typically referred to as the parent company, through ownership of more than half of its voting stock.

Partnership

A legal form of business operation between two or more individuals who share management and profits or losses.