People and Businesses Create ____ Lists to Keep Track of People

question 54

Multiple Choice

People and businesses create ____ lists to keep track of people that are important to them or to their business.

• A)people
• B)individual
• C)record
• D)contact

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Definitions:

Corporation

A legal entity that is separate from its owners, providing limited liability protection to its shareholders and having the ability to raise capital by selling shares.

Held

Usually refers to assets or investments retained over a period, not sold or traded.

Capital Surplus

The amount by which a company's total capital exceeds the par value of its issued share capital.

Paid-in Capital

Funds raised by a company through the sale of common or preferred stock.