The concept of “limited liability” contributed to the development of corporations and was appealing to many Americans because
a. none of these choices
b. all of these answers
c. they risked only their own investment and were not personally responsible for the debts of the corporation
d. they did not have to be personally involved in the corporation to purchase stock in it
e. entrepreneurs could now amass great sums of money for investment purposes
ANS: B
You might also like to view...
What did factory work provide for women?
A) autonomy B) prestige C) wages D) freedom
Margaret Sanger is best known for her work in support of ________
A) women's suffrage B) family planning C) limiting child labor D) temperance
The major critic of the Spanish treatment of the American natives was
A) Bartolomé de Las Casas. B) Hernán Cortéz. C) Afonso de Albuquerque. D) Ignatius of Loyola. E) Pope Paul III.
Commercial farmers in the Midwest and West were forced to become self-sufficient
Indicate whether the statement is true or false.