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Discuss the following statement: “Corporations are not really run by their owners.”
Foundations of Business (MindTap C...
Solutions
Foundations of Business (MindTap C...
Discuss the following statement: “Corporations are not really run by their owners.”
To determine: The reasons on which corporations are not run by their owners.
Introduction: A corporation is an authoritative type of business that is separate from its proprietors. It is a business that is a different legitimate element from its investors.
Explanation of Solution
The reasons on which corporations are not run by their owners are as follows:
In view of the fact that the proprietors of numerous corporations are investors, and they exchange th...
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