WGU D432 STUDY GUIDE FOR OBJECTIVE ASSESSMENT 2ND ATTEMPT.

WGU D432 STUDY GUIDE FOR OBJECTIVE ASSESSMENT 2ND ATTEMPT.
Question :Most Common type of business entity
CORRECT ANSWER:Sole Proprietorship
Question :Where can a Corporation be sued?
CORRECT ANSWER:Place of incorporation and
primary place of business
Question :What are 3 components of corporations?
CORRECT ANSWER:Stockholders, Directors, and
Officers
Question :What is the role of Board of Directors?
CORRECT ANSWER:Set goals, hire officers, oversee
operations and finances
Question :What are some advantages of Corporations?

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