Which of the following is a characteristic of a corporation?
A) The stockholders have limited liability.
B) When stockholders sell their shares,the corporation is dissolved.
C) A corporation cannot own property in its name.
D) Cash dividends to the stockholders are non-taxable.
Correct Answer:
Verified
Q1: Officers of the corporation are:
A)appointed by the
Q3: Articles of incorporation contain all of the
Q4: The major parts of the Stockholders' Equity
Q5: Characteristics of a corporation include:
A)stockholders having unlimited
Q8: The articles of incorporation are:
A)submitted by the
Q9: If preferred stock is cumulative,the preferred stockholders:
A)have
Q10: Which of the following would normally not
Q11: Issued stock is:
A)authorized shares of stock that
Q34: Preemptive rights allow a stockholder to:
A) share
Q38: Preferred stockholders have what right over common
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