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sergejj [24]
3 years ago
10

There are more corporations in this country than any other business structure. OTrue O False

Business
2 answers:
Ket [755]3 years ago
6 0
It would be false, Shareholders in a corporation are legally considered partial owners of the corporation.
Leviafan [203]3 years ago
3 0

Answer:

O False

Explanation:

Corporations are independent legal entities that have commercial rights like individuals.  They can acquire properties, incur debts, enter into contracts, sue, and be sued. The owners are its shareholders and enjoy limited liabilities to its debts. The corporation business structure is most complex to establish and run. Due to this reason, they are fewer in numbers compared to the other forms of business structures.

The sole proprietorship structure is the most common type of business ownership in the US. Of all business structures, the sole trader is the simplest to start and operate.

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5 0
3 years ago
What happens when production is inside the production possibilities curve
Paul [167]

Answer:

When it shifts inwards, it indicates that the economy is shrinking due to a failure in its allocation of resources and optimal production capability. A shrinking economy could be a result of a decrease in supplies or a deficiency in technology.

Explanation:

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Pumpkin Company, during its first year of operations in 2016, reported taxable income of $170,000 and pretax financial income of
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6 0
2 years ago
Why is it important for business people, who are increasingly exposed to research results, to study marketing research?
LUCKY_DIMON [66]

Answer:

D) All of the above

  • a. So they won't take research results at face value
  • b. So they will know how to ask the right questions about the research
  • c. So they can determine the validity of the results

Explanation:

Marketing research is defined as the process of collecting, analyzing and interpreting information that can be used to develop, implement and monitor a company's marketing plan.

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4 0
3 years ago
If $13,000 is borrowed at 5.8% simple interest for 10 years, how much interest will be paid for the loan
Anni [7]

Answer:

7,540

Explanation:

Principle is $13,000

Rate is 5.8%

Time is 10 years

Therefore the simple interest can be calculated as follows

= principle × rate × time

= 13,000 × 5.8/100 × 10

= 13,000 × 0.058×10

= 7,540

Hence the simple interest is 7,540

4 0
3 years ago
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