By Creating a Corporation and Issuing Stock, an Entrepreneur Gives

question 22

Multiple Choice

By creating a corporation and issuing stock, an entrepreneur gives up a measure of control to

• A) creditors.
• B) the  government.
• C) its members.
• D) a  board of directors.
• E) the  Securities and Exchange Commission (SEC).

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Definitions:

Age

The length of time that a person or thing has existed.

Economic Recession

A period of significant decline in economic activity across the economy, lasting longer than a few months.

Employee Diversity

The practice of including people of various backgrounds, experiences, and perspectives within a workforce to enhance innovation and decision-making.

Divisiveness

Divisiveness describes the characteristic or tendency of causing disagreement or hostility between people, leading to separate factions or groups being formed within a community.