Which of the Following Does NOT Determine the Extent of One's

question 7

Multiple Choice

Which of the following does NOT determine the extent of one's rights and liabilities in a for-profit corporation?

• A)Length of ownership of stock
• B)Number of shares of stock owned
• C)Corporation charter
• D)Corporation by-laws

---

Definitions:

User Cost

The economic cost of using a resource today, which considers the lost opportunity of using it in the future.

Energy

The capacity to do work, manifested in physical forms such as heat, light, motion, and chemical energy, crucial to all aspects of life and industry.

Forests

Large areas covered chiefly with trees and undergrowth, considered in economic terms as a resource for timber, recreation, and ecological benefits.

Elephants

Large mammals found in Africa and Asia known for their intelligence, long trunks, and large ears.