How can corporations encourage people to engage in business activities?
What will be an ideal response?
Corporations are a form of business that limits the liability of individuals for the risks involved in business activities. Legislatures thought that businesses could be more efficient in raising the capital necessary for producing goods, services, jobs, and wealth if individuals were protected from undue personal risks.
You might also like to view...
In general, PR professionals should never send a press release
A) without demonstrating its relevance to the particular medium. B) to non-media connectors. C) for any event other than a new product launch. D) without first finding out whether the journalist or blogger wants to receive it. E) unless they have hard news to report.
All other things being equal, which of the following would be most attractive to an investor?
A. A cash outflow of $60,000 in six years. B. A cash outflow of $10,000 each year for the next six years. C. A cash outflow of $60,000 today. D. A cash outflow of $30,000 in year 1 and $30,000 in year 6. E. All of these would be equally attractive to an investor.
Historically the labor movement in Great Britain has been closely tied to:
A. The Labour Party B. Employer interests C. The U.S. Labor movement D. The French Labor movement
If the partnership agreement is silent on a matter, UPA or RUPA may govern the transaction
Indicate whether the statement is true or false