Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

An advantage of a corporation is that (1 point) the business is subject to little government intervention. owners have direct and immediate control over daily

image text in transcribed

image text in transcribed
An advantage of a corporation is that (1 point) the business is subject to little government intervention. owners have direct and immediate control over daily management of the business. owners pay fewer taxes than owners of other forms of business. O owners have limited liability for debt. Which of the following examples describes a publicly held corporation? (1 point) A local gaming cafe is owned and operated by the same group of friends that founded it years ago. Nobody holds stock in the gaming cafe. O A small restaurant chain, founded and operated by a single family, is owned by shareholders who purchase their shares on the stock exchange. A local jewelry store is owned by its founders who hold but do not sell shares in the company. O A nation-wide fast-food chain is owned and operated by the same family that founded it. Nobody holds stock in the fast-food chain. Which of the following is a stock exchange in the United States? (1 point) O U.S. Public Investment Exchange Securities and Exchange Commission Universal Partnership Exchange New York Stock Exchange What are the primary differences between a bond and a stock? (1 point) O Stocks are units of ownership in a corporation, while bonds are certificates of debt. O Stocks are units of ownership in a corporation, while bonds are contracts that specify duties to the corporation. Stocks are contracts that specify duties to the corporation, while bonds are units of ownership in a corporation. Stocks are certificates debt. while bonds are units of ownership in a corporation. What are the primary differences between a bond and a stock? (1 point) O Stocks are units of ownership in a corporation, while bonds are certificates of debt. O Stocks are units of ownership in a corporation, while bonds are contracts that specify duties to the corporation. Stocks are contracts that specify duties to the corporation, while bonds are units of ownership in a corporation. Stocks are certificates debt, while bonds are units of ownership in a corporation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistics For Engineers And Scientists

Authors: William Navidi

3rd Edition

9780073376332

Students also viewed these Economics questions