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OpenStudy (anonymous):

Which term refers to a type of business that is owned by stockholders? A. syndicate B. partnership C. corporation D. collective

OpenStudy (anonymous):

B) Partnership

OpenStudy (anonymous):

@Kfins99 Nope. Try again. A partnership is owned by partners. ;) It's true.

OpenStudy (anonymous):

Which one do you think it is, Lost?

OpenStudy (anonymous):

A. Syndicate, because the others include multiple "people" working together as one but a syndicate is a group of organizations working together.

OpenStudy (anonymous):

Wouldn't that mean it would be C) Corporation? Because they distribute ownership stakes in the form of shares?

OpenStudy (anonymous):

D: Confusion

OpenStudy (anonymous):

@Dragan96 Nice try, but that's why it ISN'T a syndicate.

OpenStudy (anonymous):

Oops

OpenStudy (anonymous):

@Kfins99 Corrrect!!!!

OpenStudy (anonymous):

ahhh im even more confused

OpenStudy (anonymous):

Stockholders hold ownership in a corporation, while the board of directors manages it. Different forms of corporations exist, and each has its advantages and disadvantages.

OpenStudy (anonymous):

Stock holders is the answer then?

OpenStudy (anonymous):

No, C) Corporation, hence that stockholders hold ownership in them

OpenStudy (anonymous):

Dear Lost, stockholders isn't a possible answer. Relax. Don't panic.

OpenStudy (anonymous):

Hey, thanks kfinns. That was nice of you. :)

OpenStudy (anonymous):

I only write if it is true! :P

OpenStudy (anonymous):

Ok thank you i was so confused

OpenStudy (anonymous):

@Lost??? Looks like you need some help catching up. How can I help?

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