Incorporation allows firms to accumulate sufficient financial capital to make large-scale investments and achieve economies of scale. Incorporation also reduces the risk to investors by limiting stockholders' liability to their share of ownership of the corporation.
Standard detail
2.
Benchmark
Depth 1Parent ID: A5F597E756D34C79B118642DB77D9F87Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 2.
- List ID
- 2.
- Standard ID
- AD865DF4E38942508EEE7EED029C71A1
- ASN identifier
- S2604765
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- A5F597E756D34C79B118642DB77D9F87
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US