The Corporate Form of Business

question 39

Multiple Choice

The corporate form of business

• A)was first known and used by the Greeks and then spread through the Romans to England.
• B)was not known until the advent of the Industrial Revolution.
• C)was first allowed in the State of New York around 1811 and is considered to be an American creation.
• D)is a relatively new concept developed shortly after the Great Depression.

---

Definitions:

Ball Joint

A spherical bearing that connects the steering knuckles to the control arms, allowing for smooth and stable movement of the suspension and steering.

MacPherson Strut

A type of automotive suspension system that combines a shock absorber and a coil spring into a single compact assembly.

Steering Knuckle

A pivotal component in a vehicle's steering system to which the wheel assembly is mounted, allowing the wheel to pivot and turn.

Coil Spring

A length of steel wound into a coil shape. The shape of the coil creates a spring action. Coil springs are found in front and rear suspension systems.