Multiple Choice
A and B incorporate a trucking company in which,of the 100 issued common shares,A holds 45 shares and B holds the rest.The company has a fleet of trucks valued at $200 000.In this case,the fleet of trucks is owned by
A) A alone.
B) B alone.
C) A,B,and the company.
D) the company alone.
E) both A and B.
Correct Answer:
Verified
Correct Answer:
Verified
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