Which of the Following Is a Major Reason Why Corporate

question 171

Multiple Choice

Which of the following is a major reason why corporate ownership is popular in the United States?

• A)Stockholders have limited liability for the debts of the corporation.
• B)Most corporations are small- or medium-sized.
• C)The life of a corporation is limited by the death of the owner.
• D)A corporation is usually managed by the owners.

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Definitions:

Societies

Groups of individuals living together, organized under a set of shared norms and practices that define their collective behavior.

Incest Taboo

Incest taboo is a widespread social and cultural prohibition against sexual relationships or marriage between individuals considered to be closely related by blood or kinship.

Cultures

The shared patterns of behaviors, values, customs, beliefs, and artifacts that members of a society use to cope with their world and with one another.

Marriage

A socially or legally recognized union between individuals that establishes rights and obligations between them.