A Business Organized as a Corporation

question 30

Multiple Choice

A business organized as a corporation

• A)is not a separate legal entity in most states.
• B)requires that shareholders be personally liable for the debts of the business.
• C)is owned by its shareholders.
• D)terminates when one of its original shareholders dies.

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Definitions:

Oxygen Supplies

Refers to the availability and provision of oxygen for medical treatment, industrial use, or scientific research.

Uninhabitable Areas

Regions or zones that are unsuitable or unsafe for human habitation due to extreme conditions or contamination.

Paraphrase

To paraphrase is to restate someone else's ideas, message, or text in your own words, often to clarify meaning or to simplify complex information.

Plagiarism

The practice of taking someone else's work or ideas and passing them off as one's own.