While Many Major Corporations Have a Global Presence,stateless Corporations Are

question 4

Multiple Choice

While many major corporations have a global presence,stateless corporations are different because they _____.

• A) have no board of directors
• B) are socially responsible
• C) are more concerned with human rights
• D) are usually more profitable
• E) attempt to transcend nationality altogether

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Definitions:

Common Shares

Equity securities that represent ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.

Contingency Reserves

Funds or resources set aside to cover unexpected costs or losses in a project, program, or portfolio, providing a financial cushion.

Accelerated Depreciation

A method of depreciation that allows for a higher expense deduction in the early years of an asset's life, decreasing its book value more quickly.

Goodwill

Goodwill is an intangible asset that arises when a company acquires another business for a price higher than the fair value of its net tangible assets, representing aspects such as brand reputation and customer loyalty.