Select the reasons, historically speaking, why the modern corporation was established as a legal entity:
A. Social benefits flow from corporate institutions.
B. Corporations provide an efficient means for raising large amounts of capital needed to produce and distribute socially desired goods and services.
C. Corporations distribute risks widely over large populations, minimizing the risk to any one individual.
D. Corporations provide individuals with efficient means for the creation of wealth and for supplying jobs.
E. All of the above.
F. None of the above.
A. Social benefits flow from corporate institutions.
B. Corporations provide an efficient means for raising large amounts of capital needed to produce and distribute socially desired goods and services.
C. Corporations distribute risks widely over large populations, minimizing the risk to any one individual.
D. Corporations provide individuals with efficient means for the creation of wealth and for supplying jobs.
E. All of the above.
F. None of the above.