A Disadvantage of Corporations Is That an Owner Must Get

question 311

True/False

A disadvantage of corporations is that an owner must get the approval of all other owners before selling his or her interest in the firm to another investor.

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Definitions:

Growing Resources

The increase in availability or development of materials, assets, or capabilities that can be utilized to achieve specific goals or address needs.

Abusive Relationships

Relationships characterized by patterns of harmful behaviors by one partner towards another aimed at gaining power and control.

Barriers

Obstacles that inhibit progress or access, which can be physical, social, psychological, or economic in nature.

Research

The organized exploration and examination of materials and sources with the aim of establishing facts and arriving at new findings.