Прочитайте текст и выберите утверждение соответствующее содержанию текста A corporation is a legal e...: ответ на тест 800777 - Английский язык

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Unlike the sole proprietorship and the partnership, a corporation is a legal entity separate and distinct from its owners and managers. Therefore it may continue indefinitely if granted a perpetual charter. Many American corporations are more than 100 years old.

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Typically, a corporation is formed as a result of the efforts of one or more persons called promoters. These individuals bring together interested persons and take the preliminary steps to form a corporation. Regardless of the promoters’ efforts, however, the resulting corporation is not liable on any contract made on its behalf. The promoters cannot bind an organization that is still to be created. Usually, though, once it comes into being, the corporation adopts the contracts and is bound by them.

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Unlike the sole proprietorship and the partnership, a corporation is a legal entity separate and distinct from its owners and managers. Therefore it may continue indefinitely if granted a perpetual charter. Many American corporations are more than 100 years old.

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Creditors normally cannot collect claims against the corporation from persons who own shares in the corporation. Of course, the corporation itself is liable without limit for its debts; all of its assets may be seized under court order to pay delinquent claims. But the individual stockholders have limited liability and can lose only the amount they have invested.

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A major advantage of the corporate form over the partnership form is the ease of transferring ownership interests. Normally, individual owners can sell their interests in the corporation without disturbing the company’s operations or getting the consent of other owners. The stock of most large corporations is traded (bought and sold) on the New York Stock Exchange or the American Stock Exchange. By contacting a stockbroker, any person may buy or sell a reasonable number of shares of any listed stock within minutes when the exchanges are open.

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Because liability is limited to investment, and because owners buy and sell their interests with comparative ease, many persons invest in corporations. Thus, great sums of money are raised. Small and large investments by thousands of persons and institutions are combined to fund the giant corporations.