The modern corporation has four characteristics. These are limited liability, legal personality, centralized management and:

Related MCQs

• What makes a corporation distinct from a partnership?
• The term 'asymmetry of information' means information in a corporation is:
• The key weakness of the public corporation is
• The public corporation
• Carbon footprints is used to determine the amount of offsets necessary by a business to sell their product as but is not used to determine carbon liability
• A personality measure of person’s convictions is _______________.
• External audit of the accounts of a limited company is required
• A director of a limited company may not be liable for wrongful trading if he or she
• Corporate Social Responsibility (CSR) consists of which four kinds of responsibilities
• The four types of social responsibility include: