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:

Primary Needs

Fundamental requirements essential for an individual's survival and well-being, such as food, shelter, and safety.

Motivation

the process that initiates, guides, and maintains goal-oriented behaviors.

Drives

The innate biological patterns of behavior that are assumed to be universal across cultures, which motivate behavior and underlie human motivation.

Human Psychology

The scientific study of the mind and behavior, encompassing various aspects of human experience and mental functions.