Question

Jayda started a corporation that creates software products for clients. Which statement correctly reflects Jayda’s role in the corporation?

A.
Jayda owns the company’s assets.
B.
Jayda bears all of the liabilities of the company.
C.
Jayda may choose to trade the corporation’s shares as common stock.
D.
Jayda assumes responsibility for all of the debts of the company.

Answer 1

a

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Step-by-step explanation:

Answer 2

Jayda started a corporation that creates software products for clients. Jayda owns the company’s assets.

Step-by-step explanation:

If Jayda has started a company on her own then she becomes the sole proprietor of the corporate and hence she owns all the assets of the company and hence responsible for the liabilities that occur in the corporate.

She has the power to decide how the company should run and the important decisions lies in her hand.