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Exercise 4. (pg. 22)
1. the corporation may issue and sell shares.
2. Microsoft can offer higher wages.
3. Corporation has more opportunities to involve financial resources than partnership.
4. Meeting of shareholders is held each year.
5. educational, charitable, religious institutions can be corporations. Such institutions, as a rule, do not bring profit.
6. the corporation is profitable, it will expand.
7. you must first apply for a corporate patent.
8. shareholders have the final say in the management of the corporation.
9. administrative performers campaigns carried out constant guidance.
10. Corporation has the right to initiate criminal proceedings.
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