Which of the following is incorrect regarding for-profit corporations? Multiple Choice Most business are for-profit corp ons. They do not issue stock to their shareholders. The profit they generate may take the form of dividends paid by the corporation.
Which of the following is incorrect regarding for-profit corporations? Multiple Choice Most business are for-profit corp ons. They do not issue stock to their shareholders. The profit they generate may take the form of dividends paid by the corporation.
Chapter19: Corporations: Distributions Not In Complete Liquidation
Section: Chapter Questions
Problem 7DQ
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![Which of the following is incorrect regarding for-profit corporations?
Multiple Choice
Most business are for-profit corporations.
They do not issue stock to their shareholders.
The profit they generate may take the form of dividends paid by the corporation.
The profit they generate may take the form of increased market value of their shares.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa7de37c1-7d4f-4f8f-a9b8-670ea4bd30c8%2F79f2002c-34ef-4445-a14a-ad6652897ec8%2Fjjvgqy4_processed.png&w=3840&q=75)
Transcribed Image Text:Which of the following is incorrect regarding for-profit corporations?
Multiple Choice
Most business are for-profit corporations.
They do not issue stock to their shareholders.
The profit they generate may take the form of dividends paid by the corporation.
The profit they generate may take the form of increased market value of their shares.
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