Complete the Following Using the Terms Listed

question 83

Multiple Choice

Complete the following using the terms listed.
-The form of business ownership that establishes the firm as a separate legal entity is the _____.

• A)small business
• B)corporation
• C)merger
• D)acquisition
• E)horizontal merger
• F)conglomerate merger
• G)Cooperative
• H)vertical merger
• I)business incubators
• J)business plan
• K)alien corporation
• L)preferred stock
• M)Franchising

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Definitions:

Federal Statute

A law enacted by the national government’s legislative body and applicable across the entire country.

Controversy

A dispute or disagreement, often public, regarding a matter of opinion or interest.

States

Politically organized regions under a sovereign government, recognized as members of the international community.

Minimum Contacts

The legal standard that determines the extent to which a court can exercise jurisdiction over an out-of-state defendant.