Which of the Following Is NOT a Key Attribute of the Virtual

question 77

Multiple Choice

Which of the following is NOT a key attribute of the virtual corporation?

• A)Vertical integration is easy with this form of organization.
• B)The virtual corporation creates trust among its members.
• C)The structure expands the traditional boundaries of an organization.
• D)Virtual corporations are less formal than traditional partnerships.
• E)Geographically dispersed companies can easily participate in a virtual corporation.

---

Definitions:

Securities Act of 1933

A U.S. federal law enacted to ensure transparency and fairness in the securities market, requiring that investors receive significant information regarding securities being offered for public sale.

Due Diligence Defense

A legal defense whereby the defendant can avoid liability by proving that they took all possible steps to avoid committing an offence.

Registration Statement

A formal document filed with regulatory authorities that provides details about an investment offering for sale to the public, often associated with securities.

Investment Company Act of 1940

A U.S. federal law that regulates the organization and activities of investment companies, primarily focused on protecting investors.