Which of the following is not a characteristic of the corporate form of business entity?
A) It is a separate legal entity.
B) Owners have unlimited liability.
C) It has an indefinite life span.
D) Owners often are not an active part of management.
Correct Answer:
Verified
Q2: Universities, hospitals, and churches are examples of
Q3: A corporation that operates in Texas but
Q4: Which of the following types of corporations
Q5: In most states, it is illegal to
Q6: Smooth Corp.has both Class A and Class
Q7: Which one of the following equations is
Q8: If a company has 30, 000 shares
Q9: A corporation is a legal entity
A)in conjunction
Q10: Which of the following is not part
Q11: Which one of the following phrases is
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