What Is the Most Common Type of Firm in the World

question 62

Multiple Choice

What is the most common type of firm in the world?

• A) corporations
• B) limited partnerships
• C) sole traders
• D) partnerships

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Definitions:

Cash Dividend

A payout to shareholders from a company's earnings in the form of cash.

Dividends in Arrears

This term refers to dividends on preferred shares that have been declared but not yet paid to shareholders.

Stockholder Group

A Stockholder Group consists of individuals or entities that own shares of stock in a company, giving them certain rights, such as voting on corporate matters.

Cash Dividend

A distribution of a portion of a company's earnings, decided by the board of directors, paid to a class of its shareholders in cash.