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Author Question: Regarding the privilege of incorporation (the right to organize an enterprise in the corporate ... (Read 24 times)

Metfan725

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on: Jun 30, 2018
Regarding the privilege of incorporation (the right to organize an enterprise in the corporate form), all of the following are true except
 
  (a) It gives a business firm limited liability, perpetual life and the rights of a citizen.
  (b) It is not provided for directly by the Constitution because, apart from state governments,
  the Constitution made no provisions for groups.
  (c) It is provided for at all levels of governmentfederal, state and local.
  (d) There is no except; all of the above are true.

Question 2

Why does popular democracy, as defined in the U.S. Constitution, contribute to long-term economic growth and political stability?
 
  (a) It allows regular change in the structure of the government.
  (b) It provides incentive to invest, innovate and invent.
  (c) It permits the President of the U.S. to choose fiscal policies to advance
  contemporary mercantilism.
  (d) It transfers wealth from the extremely wealthy to the desperately poor.


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sarahccccc

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Reply #1 on: Jun 30, 2018
Answer to Question 1

(d)

Answer to Question 2

(b)


Metfan725

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Reply #2 on: Jun 30, 2018
Thank you :)


sarahccccc

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Reply #3 on: Jun 30, 2018
Happy to help you


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