Ask Question
BusinessBusiness
20 December, 01:15

The Scott Company decided to sell stock to raise capital. Under what form of business organization does the company operate?

+3
Answers (1)
  1. 20 December, 01:20
    0
    The answer is Corporation. Corporations is a legal entity of a group of investors/shareholders as governed by the Securities and Exchange Commission. In the event of shortage of capital, the shareholders votes and agrees to sell some stocks in order to gain more capital.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The Scott Company decided to sell stock to raise capital. Under what form of business organization does the company operate? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
In a user needs assessment project, although managers may not work with a system on a daily basis, their input needs to be considered because they may make the final decision on a project. Group of answer choices
Answers (1)
Jim is a manager of a restaurant. He is very concerned with efficiency and goal accomplishment as well as very intent on making employees happy through lots of participation and open-mindedness.
Answers (1)
What is the opportunity cost of continuing your education and training after high school?
Answers (1)
EA9. LO 6.3Custom’s makes two types of hats: polyester (poly) and silk. There are two cost pools: setup, with an estimated $100,000 in overhead, and inspection, with $25,000 in overhead.
Answers (1)
Accounting professionals can perform various services that provide assurance about the and of information given by one party to another. True / False.
Answers (1)
New Questions in Business
European interest in the Middle East intensified after oil was discovered in the region. a. True b. False
Answers (1)
What type of marketing channel would Secure Insurance use if it offers its products exclusively through door-to-door salespersons?
Answers (1)
Travis is employed in a logistics company. How can he best avoid workplace hazards? A. by staying seated at his desk B. by avoiding hazardous work C. by wearing safety goggles D. by maintaining an uncluttered workplace E.
Answers (1)
The following information was taken from the financial statements of Hofburg Corp. for the year just ended: Accounts receivable, January 1 $ 21,600 Accounts receivable, December 31 30,400 Sales on account and cash sales 438,000 Uncollectible
Answers (1)
China has a collectivist culture. how do you believe that this will affect managers in a starbucks store?
Answers (1)
Home » Business » The Scott Company decided to sell stock to raise capital. Under what form of business organization does the company operate?
Sign Up Forgot Password?