An enterprise that has only one shareholder does not constitute a corporation. A
ID: 1182262 • Letter: A
Question
An enterprise that has only one shareholder does not constitute a corporation. A)TrueB)False
In 2009, household spending was the smallest component of total spending in the U.S. economy. A)True
B)False
Empirical evidence on the U.S. economy suggests that household spending and income have an inverse relationship. A)True
B)False
The owner of a sole proprietorship has limited liability, while stockholders of corporations have unlimited liability. A)True
B)False
If a corporation cannot pay its debts, creditors cannot seek payment from shareholders An enterprise that has only one shareholder does not constitute a corporation. A)True
B)False
In 2009, household spending was the smallest component of total spending in the U.S. economy. A)True
B)False
Empirical evidence on the U.S. economy suggests that household spending and income have an inverse relationship. A)True
B)False
The owner of a sole proprietorship has limited liability, while stockholders of corporations have unlimited liability. A)True
B)False
If a corporation cannot pay its debts, creditors cannot seek payment from shareholders An enterprise that has only one shareholder does not constitute a corporation. A)True
B)False
An enterprise that has only one shareholder does not constitute a corporation.
In 2009, household spending was the smallest component of total spending in the U.S. economy. A)True
B)False
In 2009, household spending was the smallest component of total spending in the U.S. economy. A)True
B)False
In 2009, household spending was the smallest component of total spending in the U.S. economy.
Empirical evidence on the U.S. economy suggests that household spending and income have an inverse relationship. A)True
B)False
Empirical evidence on the U.S. economy suggests that household spending and income have an inverse relationship. A)True
B)False
Empirical evidence on the U.S. economy suggests that household spending and income have an inverse relationship.
The owner of a sole proprietorship has limited liability, while stockholders of corporations have unlimited liability. A)True
B)False
The owner of a sole proprietorship has limited liability, while stockholders of corporations have unlimited liability. A)True
B)False
The owner of a sole proprietorship has limited liability, while stockholders of corporations have unlimited liability.
If a corporation cannot pay its debts, creditors cannot seek payment from shareholders If a corporation cannot pay its debts, creditors cannot seek payment from shareholders If a corporation cannot pay its debts, creditors cannot seek payment from shareholders An enterprise that has only one shareholder does not constitute a corporation. A)True
B)False
In 2009, household spending was the smallest component of total spending in the U.S. economy. A)True
B)False
Empirical evidence on the U.S. economy suggests that household spending and income have an inverse relationship. A)True
B)False
The owner of a sole proprietorship has limited liability, while stockholders of corporations have unlimited liability. A)True
B)False
If a corporation cannot pay its debts, creditors cannot seek payment from shareholders
Explanation / Answer
Hi, If you like my answer, please rate my answer first and according to my answer...that way only I can earn points. Thanks An enterprise that has only one shareholder does not constitute a corporation. A)True In 2009, household spending was the smallest component of total spending in the U.S. economy. A)True (Not completely sure) Empirical evidence on the U.S. economy suggests that household spending and income have an inverse relationship. B)False The owner of a sole proprietorship has limited liability, while stockholders of corporations have unlimited liability. B)False If a corporation cannot pay its debts, creditors cannot seek payment from shareholders’ personal wealth. B)False According to the World Development Report published by the World Bank, developing countries greatly outnumber industrial countries. A)True The United States is the largest consumer and importer of grains and other agricultural output in the world. A)True If total U.S. trade consists of $10 billion in electronics imports from Japan and $9 billion in automobile exports to Germany, then the U.S. net export account will be negative. A)True (-1 billion) Annual expenditures by the federal government exhibited an upward trend, rising from $3 billion in 1930 to more than $1 trillion in 2010. A)True National economic policies are usually set by the local government in the U.S., making it the focus of economic discussions. B)False Since the U.S. is organized as a market economy, the government sector does not play a role in economic activity. B)False