________ Are Those Things That a Business Owns Which Have

question 130

Multiple Choice

________ are those things that a business owns which have value.

• A)Assets
• B)Liabilities
• C)Owners' equities
• D)Liquidities

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Definitions:

Corporate Property

Assets owned by a corporation, including real estate, intellectual property, and physical goods.

Shareholders

Individuals or entities that own shares in a corporation, reflecting a proportion of ownership in the company.

Corporate

Pertaining to a corporation, which is a legal entity recognized by law as separate from its owners and having its own rights, privileges, and liabilities.

Corporate Veil

A legal concept that separates the identity of a corporation from its shareholders, protecting them from being personally liable for the company's debts or legal obligations.