question 35 exercises - entrepreneurship: going from an idea to a business if a corporation is formed, then…

question 35 exercises - entrepreneurship: going from an idea to a business if a corporation is formed, then the owners are known as a) shareholders. b) dueling sole proprietors. c) partners. d) llc members. e) stakeholders.

question 35 exercises - entrepreneurship: going from an idea to a business if a corporation is formed, then the owners are known as a) shareholders. b) dueling sole proprietors. c) partners. d) llc members. e) stakeholders.

Answer

Brief Explanations:

To solve this, we analyze each option:

  • Option A: Shareholders are the owners of a corporation as they hold shares (ownership stakes) in it.
  • Option B: Dueling sole proprietors is not a term related to corporation ownership; sole proprietorships have one owner, and corporations are different.
  • Option C: Partners are owners of a partnership, not a corporation.
  • Option D: LLC members own a Limited Liability Company (LLC), not a corporation.
  • Option E: Stakeholders are those affected by a business (like customers, employees), not the owners of a corporation.

So the correct answer is the one where the owners of a corporation are defined as shareholders.

Answer:

A) shareholders.