Physically Protecting Your Property from Theft Can Be Termed as

question 74

Multiple Choice

Physically protecting your property from theft can be termed as

• A)asset liability.
• B)adverse possession.
• C)separation of duties.
• D)vendor fraud.

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Definitions:

Corporate Charter

A legal document that establishes a corporation's existence and outlines its rights, privileges, and limitations as granted by the state of incorporation.

Monetary Value

The value of an object or service based on the amount of money that it can be bought or sold for in the market.

Limited Liability

A legal structure that limits each owner's personal liability to the amount invested in the business.

Share Transferability

The ease with which shares of a company can be transferred or sold from one party to another.