Question

A corporation
A. can continue indefinitely.
B. is owned by stockholders.
C. has limited risk to stockholders.
D. All of the above

Answer 1

@beccaboo333 @phi

Answer 2

any ideas?

Answer 3

A legal entity that is separate and distinct from its owners. Corporations enjoy most of the rights and responsibilities that an individual possesses; that is, a corporation has the right to enter into contracts, loan and borrow money, sue and be sued, hire employees, own assets and pay taxes.

The most important aspect of a corporation is limited liability. That is, shareholders have the right to participate in the profits, through dividends and/or the appreciation of stock, but are not held personally liable for the company's debts.

http://www.investopedia.com/terms/c/corporation.asp

Does this help?

Answer 4

i think "A" or "D"

Answer 5

it's definitely owned by shareholders, so you have to include B

Answer 6

so its "D"

Answer 7

yes