Question Details

Stockholders generally have the right to share 


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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