Author Question: The first corporations A) were towns, universities, and ecclesiastic orders. B) emerged in the ... (Read 43 times)

ereecah · **on:** Jul 20, 2018

The first corporations

A) were towns, universities, and ecclesiastic orders.

B) emerged in the 19th century.

C) were government owned.

D) were profit-making associations.

Question 2

Corporations differ from partnerships and other forms of business association in two ways. One of these is that

A) they are regulated by the Federal Trade Commission.

B) they are formed simply by an agreement entered into among their members.

C) they must be publicly registered or in some way officially acknowledged by the law.

D) their shareholders are entitled to their share of the company's profits as soon as they are ascertained or determined.