Which of the Following Is True of Companies? All Companies

question 25

Multiple Choice

Which of the following is true of companies? All companies:

• A) are limited liability companies.
• B) are separate legal entities.
• C) have a limited life.
• D) are bound by the contracts signed by shareholders.

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Definitions:

Trusting Relationships

Bonds between individuals that are built on the mutual confidence in each other's reliability, truth, ability, or strength, essential for personal and professional development.

Calcium

A mineral essential for bone health, muscle function, and nerve signaling.

Milligrams

A unit of weight equal to one thousandth of a gram, often used in medicine to measure dosages.

Requirement

A need or necessity that must be met to achieve a goal or maintain a standard.