Examlex

Solved

Which of the Following Is Correct for People Who Are

question 145

Multiple Choice

Which of the following is correct for people who are high in the need for achievement?


Definitions:

Personally Liable

The responsibility of an individual to pay a debt or fulfill an obligation from their own assets, not just the assets of a business or an entity they represent.

Capital Investment

Funds invested in a business venture with the expectation of generating income or profit.

Close Corporation

A corporation whose shares of stock and managerial control are closely held by fewer than 50 shareholders (often members of the same family) or by one person.

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights such as voting on corporate matters.

Related Questions