Which of the following is NOT an advantage of the corporate form of business organization?
A) limited liability of shareholders
B) transferability of ownership
C) unlimited personal liability for shareholders
D) unlimited life
Correct Answer:
Verified
Q44: Recognition is the process of recording a
Q45: All of the following are steps used
Q46: An external user could be
A) employees.
B) management.
C)
Q47: The proprietorship form of business organization
A) must
Q51: A business organized as a corporation
A) is
Q52: The cost and fair value of an
Q53: Judy and Marilyn met at law school
Q54: An external user would NOT include
A) A
Q69: The partnership form of business organization
A) is
Q94: Which of the following is true regarding
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents