[单项选择]

Corporations

A corporation is a firm owned by one or more individuals who own shares of stock that define ownership and rights to profits. Liability is limited to the value of corporation assets. Although corporations constitute the smallest category of business organization in the United States, they conduct most of the business. In 1998. corporations accounted for just 19 percent of the total number of firms in the economy but 90 percent of total business revenuers. From these numbers we can infer that many large firms are corporations and that this form of business organization possesses certain advantages over the proprietorship and the partnership in conducting large-scale production and marketing.
In a corporation, ownership is divided into equal parts called shares of stock. Shares are the equal portions into which ownership of a corporation is divided. If any stockholder dies or sells out to a new owner, the existence of
A. illegal
B. legal
C. flexible
D. inflexible

[单项选择]

Corporations

A corporation is a firm owned by one or more individuals who own shares of stock that define ownership and rights to profits. Liability is limited to the value of corporation assets. Although corporations constitute the smallest category of business organization in the United States, they conduct most of the business. In 1998. corporations accounted for just 19 percent of the total number of firms in the economy but 90 percent of total business revenuers. From these numbers we can infer that many large firms are corporations and that this form of business organization possesses certain advantages over the proprietorship and the partnership in conducting large-scale production and marketing.
In a corporation, ownership is divided into equal parts called shares of stock. Shares are the equal portions into which ownership of a corporation is divided. If any stockholder dies or sells out to a new owner, the existence of
A. The concept and features of corporation.
B. The difference between corporation and other forms of business organization.
C. The advantages corporations possess.
D. The formation of a corporation.

[单项选择]
A corporation is a firm owned by one or more individuals who own shares of stock that define ownership and rights to profits. Liability is limited to the value of corporation assets. Although corporations constitute the smallest category of business organization in the United States, they conduct most of the business. In 1998. corporations accounted for just 19 percent of the total number of firms in the economy but 90 percent of total business revenuers. From these numbers we can infer that many large firms are corporations and that this form of business organization possesses certain advantages over the proprietorship and the partnership in conducting large-scale production and marketing.
In a corporation, ownership is divided into equal parts called shares of stock. Shares are the equal portions into which ownership of a corporation is divided. If any stockholder dies or sells out to a new owner, the existence of the
A. The concept and features of corporation.
B. The difference between corporation and other forms of business organization.
C. The advantages corporations Possess.
D. The formation of a corporation.

[简答题]{{B}}Section C{{/B}}