One of the Four Views That Define the Concept of a Corporation

question 6

Multiple Choice

One of the four views that define the concept of a corporation is which of the following?

• A) Corporations exist in a physical or structural presence.
• B) Investors create corporations.
• C) There is a corporate name.
• D) It has an executive board.

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Definitions:

Borrowers

Individuals or entities that receive funds from another party under the agreement that the funds will be repaid, typically with interest, over a defined period.

Fixed Interest Rates

Interest rates that remain the same throughout the term of the loan, bond, mortgage, or any financial product.

Interest Rate

The cost of borrowing money expressed as a percentage of the total amount borrowed, or the interest income earned on an investment.

Demand

The desire to purchase goods and services backed by the ability and willingness to pay, at a specified price.