CLEAN : Indigenous protest in Quito to defend Amazon

What is a fundamental characteristic of a company?

• It is owned by a single individual.

• It operates without any legal structure.

• It is a legal entity separate from its owners.

• It cannot enter into contracts.

Which type of company is owned by shareholders?

• Sole proprietorship

• Partnership

• Corporation

• Cooperative

What is a unique feature of a cooperative company?

• It is funded by government grants.

• It is managed by a board of directors.

• It is owned and operated by its members.

• It is primarily focused on maximizing profits.

How do companies contribute to the economy?

• By decreasing innovation

• By limiting consumer choices

• By increasing market competition

• By reducing employment opportunities

What is one impact of companies on society?

• They eliminate the need for government regulation.

• They reduce the availability of goods and services.

• They can drive technological advancements.

• They always lead to environmental degradation.