Choose the letter of the best answer. Write the letter of your answer on a separate sheet of paper 1. A group of individuals who form a business enterprise for the purpose of mutual benefit is called what? a) Partners c) Incorporators b) Proprietors d) Stockholder 2. Which of the following pertains to the owners of a stock corporation whose names are reflected in the certificate of stock? a) Sole proprietor c.) Member b) Partner d.) Stockholder . 3. This is a collective term for individuals who are vested with the right to manage and conduct the business of a non-stock corporation a) Bourd of Trustees c.) Board of Directors b) Incorporators d) Proprietors 4 A business organization formed by at least 5 but not exceeding to 15 incorporators, and is considered a "legal person" in the context of the law. a) Sole Proprietorship c.) Corporation b) Partnership d) Cooperative 5. A form of business organization in which the owner owns all the assets and personally shoulders all liabilities or losses. a) Sole Proprietorship c) Corporation b) Partnership d) Cooperative 6. Which business organization enjoys advantages such as greater abilty to attract capital, transferable ownership, continuity of life, and limited liability a) Sole proprietorship c.) Corporation b) Partnership d) Cooperative. PA SAGOT PO THANKS​

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