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Author Question: As an artificial person, a _________ can legally engage in virtually any business activity a natural ... (Read 260 times)

Zoey63294

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As an artificial person, a _________ can legally engage in virtually any business activity a natural person can pursue, including owning property, entering into binding contracts, and initiating legal actions.
  A. partnership
 
  B. corporation
 
  C. limited liability company
 
  D. sole proprietorship
 Fill in the blank(s) with correct word

Question 2

Stephen decides his business will begin staying open until 7 p.m. instead of 6 p.m. The next day, the shop stays open until 7 p.m. This environment of flexibility to quickly change is characteristic of what form of business organization?
 A) Corporation
  B) Partnership
  C) S-corporation
  D) Flexible partnership
  E) Sole proprietorship



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lorealeza

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Answer to Question 1

corporation

Answer to Question 2

E





 

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