Every corporation is recognized and treated

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Reference no: EM132267034

1. Every corporation is recognized and treated under the law as ________.

a small business

a large business

if it were its owners and employees

an entity, much like a person, that has expenses and earnings

2. An injured party whose rights in a contract have been breached can bring a(n) ________ against the other party.

lawsuit

motion

arbitration

mediation

3. The central focus of total quality management (TQM) is continuous improvement.

True

False

4. Corporations sell equity in the form of ________.

debt

stock

perks

ownership

5. Both cash inflows and outflows can be managed to control overall cash flow.

True

False

Reference no: EM132267034

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