Which of the Following Is Not a Motive for a Corporation

question 152

Multiple Choice

Which of the following is not a motive for a corporation to hold cash balances?

• A) transactions
• B) float
• C) precautionary
• D) speculative

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Definitions:

Carboxylic Acid

Organic compounds characterized by having a carboxyl group (-COOH), involved in a wide range of reactions and found in many biological molecules.

Amide

Organic compounds characterized by a carbonyl group linked to a nitrogen atom, commonly found in proteins and synthetic polymers.

Major Organic Product

The foremost substance formed with the maximum yield in any organic chemical reaction.

Phenylacetic Acid

An organic compound made up of a phenyl group attached to an acetic acid moiety.