All of the Following Statements About Corporations Are True Except

question 150

Multiple Choice

All of the following statements about corporations are true except

• A)they are chartered by the state.
• B)ownership is represented by shares of stock.
• C)the sale of stock does not dissolve the business.
• D)the stockholders have direct control of the business.

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Definitions:

Concepts

Abstract ideas or mental symbols that are used to represent classes of objects, events, or characteristics that have one or more traits in common.

Related In Meaning

Phrases or terms that have similar definitions or convey similar concepts.

Biology Classroom

A specialized classroom designed for teaching the science of life and living organisms.

Retrieval

Getting information that is in storage into a form that can be used.