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Q. |
Select the reasons, historically speaking, why the modern corporation was established as a legal entity: |
A. | Social benefits flow from corporate institutions. |
B. | Corporations provide an efficient means for raising large amounts of capital needed to produce and distribute socially desired goods and services. |
C. | Corporations distribute risks widely over large populations, minimizing the risk to any one individual. |
D. | All of the above. |
Answer» D. All of the above. |
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