Examlex

Solved

Which of the Following Represents the Types of Data Commonly

question 259

Multiple Choice

Which of the following represents the types of data commonly found in the sales department?


Definitions:

Piercing the Corporate Veil

A legal decision to treat the rights or duties of a corporation as the rights or liabilities of its shareholders, essentially ignoring the corporation's separate legal personality.

Sole Stockholder

A single individual or entity that owns 100% of the shares of a corporation.

Corporate Entity

A corporate entity is a company or group that is authorized to act as a single entity and recognized as such in law, separate from its shareholders.

Promoter

An individual or entity that takes the initiative in founding and organizing a business or enterprise, often before it’s officially established.

Related Questions