Multiple Choice
Which of the following is a characteristic of a corporation?
A) It is an independent legal entity on its own.
B) The owners bear all the responsibility of the business's debts.
C) It is owned and managed by one person.
D) The 2 owners pool their business talents to run the business.
Correct Answer:

Verified
Correct Answer:
Verified
Q33: An increase in consumer desire for strawberries
Q111: "Consumer sovereignty" means that<br>A) buyers can dictate
Q185: If competitive industry Z is making substantial
Q186: Economic profits and losses<br>A)are both considered by
Q188: If consumer desire for product X increases,
Q191: College graduates who dislike business risk will
Q192: Answer the question based on the following
Q194: Which is one of the five fundamental
Q201: The use of money for exchange and
Q266: Of the following countries, which one best