题目内容

Which of the following is an advantage of a partnership?

A. Ease of starting and ending the business
B. Unlimited liability
C. Shared management and pooled skills
D. Little time commitment

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An owner of a corporation is known as a

A. general partner.
B. limited partner.
C. director.
D. stockholder.

Which of the following is an advantage of the corporate form of business when compared to sole proprietorships and partnerships?

A. Ease of formation
B. Lower taxes
C. Simplified paperwork
D. Limited liability of owners

What entity elects the board of directors for a corporation?

A. Creditors
B. Stockholders
C. Managers
D. Employees

A separation between ownership and management is most likely to occur in a

A. sole proprietorship.
B. general partnership.
C. corporation.
D. limited liability partnership.