Lorenzo and Lila own all of the Double L Corporation's stock. The stock of this corporation is not sold to the general public. L

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2 years ago

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orenzo and Lila own a(n)

1 answer:

ladessa [460] · Answer 1 · 2023-04-17T10:13:46+03:00

Owners of the company.

<h3>What is a stock of a company?</h3>

A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company.
Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.

<h3>What is an owner of a company?</h3>

A company's "owner" is a person who owns all of the shares.
In contrast, a "co-owner" shares ownership of a business with one or more partners.
The owner, who is frequently the company's founder, is free to run their business however they like.

Therefore, Lorenzo and Lila are owners of the Double L Corporation.

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