Asked by
Johnny ellcessor
on Nov 08, 2024
Verified
Which one of the following statements is correct concerning corporations?
A) The largest firms are usually corporations.
B) The majority of firms are corporations.
C) The stockholders are usually the managers of a corporation.
D) The ability of a corporation to raise capital is quite limited.
E) The income of a corporation is taxed as personal income of the stockholders
Raise Capital
The process by which a company or individual secures money from investors or lenders for business activities or expansion.
- Identify the pros and cons associated with various types of business ownership.
Verified Answer
GA
Learning Objectives
- Identify the pros and cons associated with various types of business ownership.