Chapter 1 Concept Quiz Answers.docx

Chapter 1 Concept Quiz Answers.docx - Question 1 0.125 out...

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Question 1 0.125 out of 0.125 points Which of the following statements is CORRECT? Selected Answer: It is usually easier to transfer ownership in a corporation than it is to transfer ownership in a sole proprietorship. Correct Answer: It is usually easier to transfer ownership in a corporation than it is to transfer ownership in a sole proprietorship. Question 2 0.125 out of 0.125 points Which of the following would be most likely to lead to higher interest rates on all debt securities in the economy? Selected Answer: Corporations step up their expansion plans and thus increase their demand for capital. Correct Answer: Corporations step up their expansion plans and thus increase their demand for capital. Question 3 0.125 out of 0.125 points Which of the following statements is CORRECT? Selected Answer: The corporate charter is concerned with things like what business the company will engage in, whereas the bylaws are concerned with things like procedures for electing the board of directors.
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  • Fall '15
  • GOMEZGARZA
  • Business Law, Corporation, Types of companies, Legal entities, one year

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