The growth of business led to the development of a new type of business organization called the corporation. which of the following was a characteristic of a corporation?
each of the company’s stockholders was legally responsible if the company went bankrupt.
only the owner of the company was legally responsible if the company went bankrupt.
none of the company’s stockholders was legally responsible if the company went bankrupt.
the federal government was legally responsible if the company went bankrupt.

The best option from the list would be "None of the company’s stockholders was legally responsible if the company went bankrupt," since this meant that the investors were taking on less risk, which made them more likely to invest. 

Answer;
None of the company's stockholders was legally responsible if the company went bankrupt. 

Explanation; 
A corporation is considered by law to be a unique entity, separate and apart from those who own it. The shareholders or stockholders are the owners of a corporation. None of the company's stockholders was legally responsible if the company went bankrupt, because the shareholders have limited liability for the corporation's debts against the  corporation. 

In my honest opinion , i’d say franklin d roosevelt was a president that impacted our nation , i say this because fdr is voted among top three best us presidents and he was the longest serving president by 3 terms , usually presidents only supposed to have two terms increments of 4 years , equivalent to 8 years total before election time. and he established the fdic , through the 1933 banking act and he established the us , social security system , during his presidency, and established a national minimum wage , through the fair labor standards act , fdr led the allied coalition to victory in wwii and he played a major role in the creation of the united nations.