Corporations quick check
Which of the following examples describes a publicly held corporation?
A small restaurant chain, founded and operated by a single family, is owned by shareholders who purchase their shares on the stock exchange.
Which of the flowing is a stock exchange in the United States?
New York Stock Exchange
An advantage of a corporation is that
Owners have limited liability for debt
What are the primary differences between a bond and a stock?
Stocks are units of ownership in a corporation, while bonds are certificates of debt.
Amelia has laid the groundwork for a fledgling business and is considering incorporating. Which of the following is a valid concern she might have?
The regulations will be more burdensome than in other business structures.