The two most fundamental aspects of a corporation (as a form of busine

The two most fundamental aspects of a corporation (as a form of business organization) that lead to not only tremendous economies of scale and scope (as a positive) but also are linked to the

financing problems that we address in the course (as a negative) are:
a. the separation of ownership and control AND private ownership.
b. limited liability AND private ownership.
c. the separation of ownership and control AND limited liability.
d. private ownership AND leverage.

ANSWER

C