A corporation:
A)can continue indefinitely.
B)is owned by stockholders.
C)has limited risk to stockholders.
D)All of the above

Question

Quizplus · Accepted Answer

A corporation can continue indefinitely, meaning it does not have a set lifespan like other types of organizations. It is owned by stockholders who provide the capital for the corporation's operations, and the stockholders' liability is limited only to the amount of their investment. Therefore, they are not personally responsible for any debts or legal issues of the corporation.

A Corporation