Multiple Choice
Grainger Company is a major automotive parts manufacturer operating in six countries.It has no restrictions on stock sales and the stock is available to the
General public.Grainger Company is a _____ corporation.
A) private corporation
B) closely held corporation
C) public corporation
D) limited liability corporation
Correct Answer:
Verified
Correct Answer:
Verified
Q17: Limited liability company (LLC)owners must be U.S.citizens.
Q27: Scuffy the Tugboat is a family-run business
Q34: Who is considered hostile in a hostile
Q40: In a corporation,all of the owners help
Q58: Explain and give an example of the
Q61: Which statement is true about partnerships in
Q63: A not-for-profit corporation is formed to serve
Q65: The S-corporation follows the same tax rules
Q66: A major reason many people choose to
Q67: The earnings of a limited liability company