MCQOPTIONS
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| 1. |
Select the reasons, historically speaking, why the modern corporation was established as a legal entity: |
| A. | Social benefits flow from corporate institutions. |
| B. | Corporations provide an efficient means for raising large amounts of capital needed to produce and distribute socially desired goods and services. |
| C. | Corporations distribute risks widely over large populations, minimizing the risk to any one individual. |
| D. | All of the above. |
| Answer» E. | |