Author Question: Corporations are ________. A) for-profit businesses only B) manufacturers and not service ... (Read 31 times)

melly21297

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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

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Answer to Question 1

C

Answer to Question 2

False



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