A ________ is owned by shareholders who elect a board of directors to manage the business.
A)limited liability company
B)corporation
C)partnership
D)sole proprietorship

Question

Quizplus · Accepted Answer

A corporation is owned by shareholders who elect a board of directors to manage the business.The board of directors often selects officers to run the day-to-day affairs of the business.

A ________ Is Owned by Shareholders Who Elect a Board