Which of the following is incorrect regarding for-profit corporations? Multiple Choice Most business are for-profit corp ons. They do not issue stock to their shareholders. The profit they generate may take the form of dividends paid by the corporation.

Which of the following is incorrect regarding for-profit corporations? Multiple Choice Most business are for-profit corp ons. They do not issue stock to their shareholders. The profit they generate may take the form of dividends paid by the corporation.

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter19: Corporations: Distributions Not In Complete Liquidation

Section: Chapter Questions

Problem 7DQ

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Question

Which of the following is incorrect regarding for-profit corporations?
Multiple Choice
Most business are for-profit corporations.
They do not issue stock to their shareholders.
The profit they generate may take the form of dividends paid by the corporation.
The profit they generate may take the form of increased market value of their shares.

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