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Ugo [173]
3 years ago
5

Jaronda founded Diamond Communications Inc. in 1993. Ten years later, the company went public. Despite Jaronda's death in 2005,

the company reported a 75 percent increase in revenue in 2006. Which of the following characteristics of a publicly traded company does this scenario best exemplify?
A. limited liability for investors
B. legal personality
C. separation of legal ownership and management control
D. transferability of investor ownership
Business
1 answer:
Solnce55 [7]3 years ago
7 0

Answer: C. separation of legal ownership and management control

Explanation: Public traded company can go on with their operation undisturbed when the founder dies, because there is separation of ownership from management of the company.

Public traded companies usually have a board which management report to, the board is the highest decision making body in the company.

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covenant.

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3 years ago
Which is an example of new media?
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3 0
3 years ago
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Thus, the given statement is false that if the government decides to subsidize the production of a good, the result would be a decrease in the equilibrium price and a decrease in the equilibrium quantity.

7 0
3 years ago
Why are indexing rules important when filing names alphabetically? (Obj. 1)
almond37 [142]

Answer:

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Explanation:

hope this helps!!

6 0
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