1.Which advantage is not enjoyed by the owner of a sole proprietorship A. the ability to easily raise financial capital

B. the authority to establish business practices

C. the power to decide what to sell

D. the right to claim all the profits

2.Which component within a corporation elects the board of directors?

A. workers

B. all the vice presidents

C. shareholders

D. the president

3.Which component is the backbone of the corporate structure?

A. corporate charter

B. board of directors

C. shareholder

D. worker

4.Which statement shows the primary advantage of the corporate structure?

A. It is relatively easy to raise financial capital.

B. There is very little government oversight.

C. It is unnecessary to sell stock.

D. It is easy to get managers to work together to change corporate policy.