5 Questions
Which term refers to conflicts that arise between the interests of managers and stockholders?
Agency problems
What is the primary market?
The sale of new securities by a corporation on an exchange
What are suppliers, customers, and employees of a corporation collectively called?
Stakeholders
What is a proprietorship?
A business owned by an individual who has unlimited personal liability
What is a limited liability form of business ownership?
A separate legal body formed by an individual who has limited personal liability
Test your knowledge of business entities and stakeholders with this quiz! Answer questions about different types of corporations and their relationships with suppliers, customers, and employees. Determine your understanding of terms like shareholders, stakeholders, debtors, stockholders, and partners. See how well you know the characteristics of different business structures, such as proprietorships and separate legal bodies. Challenge yourself and expand your knowledge of business concepts with this quiz!
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