Corporations quick check

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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.


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