Question Details

corporation's stock is traded on the major stock exchanges



	1.	A corporation has a separate __________________________ apart from its owners.


	2.	The major advantages of the corporate form of organization include (1) limited _________________ of owners, (2) continuous ____________________ and (3) ease of transferring ___________________.


	3.	Stockholders elect the _______________, who in turn hire the ______________ of the company who have day to day responsibility for running the corporation.


	4.	If a corporation's stock is traded on the major stock exchanges, the corporation must generally report periodically to a federal agency known as the ____________________.



	5.	Stockholders generally have the right to share in corporate _______________ and in ______________ upon liquidation.







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