Which of the following is an incorrect statement regarding the corporate form of business organization?
A) The dominant form of business organization in the United States is the corporation.
B) A corporation is a legal entity created by federal law.
C) A corporation raises capital by issuing stock to investors.
D) Although the corporation may have many owners, it is legally treated as a single person.
Correct Answer:
Verified
Q2: The partnership is the most common form
Q3: Which of the following statements is true
Q4: Which of the following is a characteristic
Q5: A corporation raises capital by issuing stock
Q6: A corporation formed in one country but
Q8: The capital that a corporation raises through
Q9: A corporation whose stock is not traded
Q10: Which of the following is true of
Q11: A corporation is a legal entity created
Q12: Which of the following statements is true
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