Business, 21.04.2020 01:16, JuniperGalaxy
Jim Delaney sold his pizza firm to an investor who then sold stock to the public. Jim now earns a salary of $5,000 a month and all the profits are distributed to the stockholders. This firm is an example of a:
1. corporation.
2. sole proprietorship.
3. nonprofit corporation.
4. partnership because Jim Delaney partnered with an investor.
Answers: 2
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Jim Delaney sold his pizza firm to an investor who then sold stock to the public. Jim now earns a sa...
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