Accountıng I Deneme Sınavı Sorusu #1313587
Which of the following is NOT one of the features of corporations?
A corporation is a large company or group of companies authorized to act as a single entity. |
Shareholders can sell part or all of their stocks to other investors at any time. |
The business with corporate structure is fully separate and distinct from its owners. |
Owners of corporation are not personally liable for the debts of the entity. |
Usually a small amount of capital is needed and the owner is entitled to all profits. |
Yanıt Açıklaması:
A sole proprietorship is a business owned and run by one person. They are often small type businesses. Usually a small amount of capital is needed and the owner is entitled to all profits. The correct answer is E.
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