Question

Which of the following are correct descriptions of I with the question mark to produce a check mark for a correct box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) arge corporations? (You may select more than one answer. Single click the box answer and double click the box with the question mark to empty the 2 Managers no langer have the incentive to act in their own interests. The corporation survives even f managers are dismissed Shareholders can sell their holdings without disrupting the business Corporations, unlike sole proprietorships, do not pay tax: instead, shareholders are taxed on any dividends they receive.

Answer 1

From the given information only option 2 and option 3 are correct descriptions of large corporations i.e. the corporation survives even if managers are dismissed because the corporations have a feature of separate legal entity and it runs business on the concept of perpetual succession. And the third option is shareholders can sell their holdings without disrupting the business and yes it is true because so many people buy and sell their holding through stock exchanges and other markets and the businesses of those companies will run as usual without any interruption.