multiple choice 10 points what type of business structure can consist of thousands of shareholders that…
multiple choice 10 points what type of business structure can consist of thousands of shareholders that select a board of directors to oversee company performance? corporation franchise sole proprietorship partnership
Answer
Brief Explanations:
Corporations can have thousands of shareholders who elect a board of directors to manage the company. Sole proprietorships are owned by one person, partnerships by a few partners, and franchises are a form of business - ownership but not typically characterized by thousands of shareholders choosing a board of directors.
Answer:
D. Corporation