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Rita and Susan Want to Form and Do Business as Trips

Question 72

Multiple Choice

Rita and Susan want to form and do business as Trips & Travel, Inc. They will serve as the firm's directors and officers, and will initially hold all of the stock in the company. A corporation is owned by​


A) ​the board of directors.
B) ​the officers.
C) ​the employees.
D) ​the shareholders.

Correct Answer:

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