By Creating a Corporation and Issuing Stock, the Entrepreneur Is

question 44

Multiple Choice

By creating a corporation and issuing stock, the entrepreneur is giving up a measure of control to the ____. ​

• A)creditors
• B)government
• C)partnership
• D)board of directors
• E)SEC

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Definitions:

Export Income

Revenue generated by a country or company from selling goods and services to other countries.

Debt Forgiveness

The cancellation or reduction of the principal amount owed on debt by a creditor, reducing the financial burden on the debtor.

Low-Income DVCs

Developing or underdeveloped countries with low levels of average income per capita, often facing significant economic and social challenges.

G8 Nations

A group of eight major industrialized countries that meet periodically to address global economic issues; originally included Canada, France, Germany, Italy, Japan, Russia, the United Kingdom, and the United States.