What is multinational corporations ?

• a company that is primarily based in more than one country

• a company that is primarily based in one country

• a company that is primarily based in some countries

On major advantage of a corporation is:

• Always have profits

• Limited Liability

• minimum failure

• All of the above

Disadvantage of corporation is:

• Excessive tax filings

• Double taxation

• Independent management

• All of the above

A corporation is a business for which ownership is divided into shares or stocks that may be bought and sold through a stock exchange.

• True

• False

The shareholders may receive a part of the company's annual profit, if there is one, in the form of a dividend.

• True

• False

Who owns a corporation?

• CEO
• CFO
• Stockholders
• Everyone

What are bonds?

• Spies
• written statements that the borrower will repay the principal (amount of money borrowed) at some time in the future
• investors who own stock
• Men of mystery

Do stockholders run the day-to-day operations of a corporation?

• Yes
• No
• Maybe so
• Sometimes

What is limited liability?

• Being liable for all debts and losses
• Not being liable for all debts and losses

Do corporations have a limited life?

• Yes
• No
• Maybe so