Which of the following is consistent with the American view of the independent enterprise?
A) A corporation should fall under the control of the state government.
B) A corporation is an entity that has rules and continuity of existence.
C) The largest proportion of a corporation's profits must go to the personal funds of the stakeholders.
D) A corporation's employees must be selected on the basis of seniority and not merit.
E) Personal relationships are more important in daily life than work and the company.

Question

Quizplus · Accepted Answer

A corporation is recognized as an entity with its own rules and continuity of existence, which aligns with the American view of independent enterprise. This view emphasizes the legal and operational independence of corporations, allowing them to exist and operate beyond the lifespans of their founders or individual members.

Which of the Following Is Consistent with the American View