The term for-profit corporation means which of the following? A. The business must make a profit or

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The term “for-profit corporation” means which of the following?

A. The business must make a profit or forfeit its status.

B. The business may make or lose money without changing its status.

C. The business is not allowed to sell stock to the public.

D. The business must have more than 100 shareholders.

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Entrepreneurship

ISBN: 9781975076344

1st Edition

Authors: OpenStax

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Question Posted: Oct 16, 2023 06:57 AM

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The term for-profit corporation means which of the following? A. The business must make a profit or

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B The business may make or lose money without changing its status A forprofit corporation ...View the full answer

Entrepreneurship

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