The growth of business lead to the development of a new type of business organization called the corporation. which of the following was a characteristic of a corporation

The correct answer is C) none of the company's stockholders was legally responsible if the company went bankrupt.

The growth of business led to the development of a new type of business organization called the corporation. A characteristic of a corporation is "none of the company's stockholders was legally responsible if the company went bankrupt."

Corporations are owned by many stockholders that shares the risk, loses, but also the profits of the corporation. This corporation has a legal existence. It has limited liability. Its existence can be permanent. Among the most important corporations, we have Pepsico, General Motors, Walmart, Target, Hellet Packard, Marriot Hotels, among many others.

The other options of the question were A) each of the company's stockholders was legally responsible if the company went bankrupt. B) only the owner of the company was legally responsible if the company went bankrupt. D) the federal government was legally responsible if the company went bankrupt.

There isn´t a specific type of government official that feared Censorate, since it all depended on how censors behaved, which is why there is a mixed opinion, with some tales talking about benevolent and honorable censors, while others accepted bribes and extorted government officials.

We can say that Korea is the country where government officials feared censors the most, since the king´s influence was weak and the aristocracy was very strong, so censors became very critic with the monarchy.