Corporations, Potentially, Have Infinite Life Because

question 17

Multiple Choice

Corporations, potentially, have infinite life because:

• A) it is a legal entity
• B) of separation of ownership and management
• C) it has limited liability
• D) none of the above

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Definitions:

Expectancy Theory

A motivation theory that suggests an individual's behavior is determined by their anticipated results or rewards.

Motivation

The psychological drive that compels individuals to act towards achieving goals or fulfilling needs and desires.

Promotion

An advancement in someone's job or career, often involving increased responsibilities and salary.

Citizenship Behaviour

Voluntary actions by employees that contribute to the organization's environment and well-being, often beyond their job requirements.