Which of the following is NOT considered to be an advantage of forming a corporation?
A) Continuous life
B) Government regulations
C) Ability to raise more money
D) Limited liability of owners for corporation's debts
Correct Answer:
Verified
Q6: Stockholders of a corporation directly elect the:
A)Board
Q12: A new corporation forms every time there
Q14: If a corporation has only one class
Q14: The charter reveals the number of shares
Q15: What statement about corporations is FALSE?
A)An advantage
Q19: The chairperson of the board of directors
Q19: Preferred stock that must be paid back
Q20: The basic unit of ownership for a
Q21: Apple Inc.issued 1 million shares of no-par
Q22: Paltrowski Company issued 1 million shares of
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