How can the following quotation best be explained: "Stockholders control the activities of a corporation"? A. All stockholders vote on all the major issues and problems that a company faces on a monthly basis. B. Stockholders are intricately involved in the daily operations of a corporation. C. Stockholders elect the board of directors and this board is responsible for appointing corporate officers who manage the daily business of the corporation. D. Stockholders vote for the members of the board of directors and this board makes all the daily business decisions for the corporation. E. Stockholders usually call company management and tell executives better ways to run the organization.

1. the corporate form of business organization has an advantage over both the sole proprietorship and the general partnership in ease of 2. the corporate form of business organization has an advantage over both the sole proprietorship and the general partnership in external liability for business 3. a partnership is an association of two or more persons to carry on as co-owners a business for 4. any one partner may be held liable for the entire indebtedness of the 5. a limited partner is liable for the partnership debt only to the extent of her capital 6. a person may be a partner even though he has no authority to conduct the ordinary activities of the 7. a partner may withdraw his capital contribution without the consent of all the 8. when a partner sells his interest in the partnership, the buyer becomes a new 9.every partner owes a duty of good faith, fairness, and loyalty to the other 10. a partner who fails to use ordinary care and skill in discharging assigned duties will be personally liable to the partners for any resulting loss.