This topic contains a solution. Click here to go to the answer

Author Question: The __________ of a professional corporation share in the profits and losses of the firm in ... (Read 66 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
The __________ of a professional corporation share in the profits and losses of the firm in proportion to how many shares they own.
 
  a. Partners
  b. Shareholders
  c. Responsible billing partners
  d. Sole proprietors

Question 2

One who purchases corporate stock, or shares, and becomes an owner of the corporation is known as a:
 
  a. Partner
  b. Shareholder
  c. Responsible billing partner
  d. Sole proprietor



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chevyboi1976

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

B

Answer to Question 2

B





 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

For a complete list of videos, visit our video library