menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Accounting Business Reporting
  4. Exam
    Exam 3: Business Structures
  5. Question
    A Company Is a Legal Entity
Solved

A Company Is a Legal Entity

Question 10

Question 10

Multiple Choice

A company is a legal entity.Which of these is a feature of a legal entity?


A) Has shareholders
B) Must pay dividends
C) Can own assets
D) Must prepare reports

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: The sole trader form of business organisation:<br>A)is

Q6: Which of the following would be a

Q7: The appropriate business structure that is popular

Q8: It is true that a partnership:<br>A)has limited

Q9: Which of these is not true for

Q11: A major (advantage/disadvantage)_ of a partnership is

Q12: Private companies in Australia must have<br>A)at least

Q13: Which financial statement is concerned with the

Q14: A business that is not a legal

Q15: An advantage of a private company becoming

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines