Which of the following are correct descriptions of large corporations? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) check all that apply Managers no longer have the incentive to act in their own interests.unanswered The corporation survives even if managers are dismissed.unanswered Shareholders can sell their holdings without disrupting the business.unanswered Corporations, unlike sole proprietorships, do not pay tax; instead, shareholders are taxed on any dividends they receive.
Which of the following are correct descriptions of large corporations? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
check all that apply
- Managers no longer have the incentive to act in their own interests.unanswered
- The corporation survives even if managers are dismissed.unanswered
- Shareholders can sell their holdings without disrupting the business.unanswered
- Corporations, unlike sole proprietorships, do not pay tax; instead, shareholders are taxed on any dividends they receive.
The large corporations are that corporation that is registered as a company and have crossed the criteria of being a small or medium corporation.
Under a large corporation, the managers are employees of the company and the corporation has a separate entity. That is why the dismissal of managers would not affect the existence of the corporation.
The large corporation mainly has shares in the market that are transferable from one stockholder to the other. Therefore, the shareholders can sell the holding without any disruption.
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