Incorporation allowed a business to do all of the following EXCEPT
A. minimize much of the risk of business ventures.
B. hire and fire as if they were individuals.
C. place personal liability for corporate debts on the owners.
D. make contracts, much like a "natural person."
Answer: C
You might also like to view...
Was membership in European nobility closed to everyone not born into it?
a) No, depending on the country, people could be ennobled through service to the crown or by marriage into a noble family. b) Yes, no one born a commoner had any hope of entering noble ranks. Consider This: Given what you know about the percentage of nobles in the population, what would work best to maintain the number? See 1.4.1: The Chosen Few. c) No, kings frequently changed their minds about who was noble, so hardly anyone could be assured their position was secure. Consider This: Given what you know about the percentage of nobles in the population, what would work best to maintain the number? See 1.4.1: The Chosen Few. d) No, anyone could aspire to become a noble, and hard work usually paid off in a title. Consider This: Given what you know about the percentage of nobles in the population, what would work best to maintain the number? See 1.4.1: The Chosen Few.
What was the dominant philosophical basis for Shi Huang-di's government?
A) Confucianism B) Legalism C) Daoism D) Buddhism E) Hinduism
Where was a super eruption that led to a thousand-year ice age?
A) ?Mount Whitney B) ?Mount Fuji C) ?Mount St. Helens D) ?Mount Pompeii E) ?Mount Toba
During the 1858 Abraham Lincoln–Stephen Douglas debates, it became clear that Lincoln
A. believed slavery was morally wrong, but was not an abolitionist. B. believed slavery was morally acceptable under certain conditions. C. was an abolitionist D. believed racial equality was feasible at the time if certain concessions were made to southern elites. E. None of these answers is correct.