romedome84 romedome84

14-06-2024
Business

Answered

Which of the following is organized as a corporation with investors (stockholders) contributing the needed capital to operate?

A. A check-cashing outlet
B. A rent-to-own center
C. A payday loan facility

Answer :

GinnyAnswer GinnyAnswer

14-06-2024

Final answer:

Issuing stock involves selling ownership to investors to raise capital.

Explanation:

Issuing stock involves selling off ownership of the company to the public and becoming responsible to a board of directors and shareholders. This method allows a corporation to raise capital by having investors contribute money in exchange for ownership shares.

Learn more about corporations here:

https://brainly.com/question/31313496

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