Author Question: Corporations are ________. A) for-profit businesses only B) manufacturers and not service ... (Read 55 times)

melly21297

  • Hero Member
  • *****
  • Posts: 565
Corporations are ________.
 
  A) for-profit businesses only
  B) manufacturers and not service organizations
  C) owned by shareholders
  D) exempt from legal liability

Question 2

Obligations that need not be paid for a long time, usually more than one year, are classified as current liabilities.
 a. True
   b. False
   Indicate whether the statement is true or false



lkoler

  • Sr. Member
  • ****
  • Posts: 358
Answer to Question 1

C

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library