Rita and Susan Want to Form and Do Business as Trips

question 72

Multiple Choice

Rita and Susan want to form and do business as Trips & Travel, Inc. They will serve as the firm's directors and officers, and will initially hold all of the stock in the company. A corporation is owned by​

• A) ​the board of directors.
• B) ​the officers.
• C) ​the employees.
• D) ​the shareholders.

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Definitions:

Obsessive-Compulsive Disorder

A mental disorder characterized by recurrent, unwanted thoughts (obsessions) and/or repetitive behaviors (compulsions) that the individual feels driven to perform.

Anxiety-Provoking Thoughts

Thoughts that lead to or exacerbate feelings of anxiety.

Repetitive

Involving or characterized by repetition, often excessively so.

Ritualistic Behaviors

Repetitive and formalized actions, often performed with a symbolic value, typically in religious or cultural contexts.