USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

SECOND INDUSTRIAL REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A ____ is a business that sells portions of ownership to stockholders.
A
patent
B
stock
C
corporation
D
company
Explanation: 

Detailed explanation-1: -A business organized as a separate legal entity owned by stockholders is a corporation.

Detailed explanation-2: -A stock, also known as equity, is a security that represents the ownership of a fraction of an issuing corporation.

Detailed explanation-3: -A stockholder or shareholder is an institution or individual (including a corporation) that legally owns one or more shares of stock in a public or private corporation. Shareholders receive ownership rights based on their percentage of ownership in corporate stock.

Detailed explanation-4: -A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings).

There is 1 question to complete.