What statement about corporations is FALSE?
A) An advantage of a corporation is ease of transfer of ownership.
B) An advantage of a corporation is a greater ability to raise capital than other forms of organization.
C) An advantage of a corporation is limited life.
D) An advantage of a corporation is stockholders have limited liability for a corporation's debts and acts.
Correct Answer:
Verified
Q4: If a corporation pays taxes on its
Q6: Stockholders of a corporation directly elect the:
A)Board
Q9: Stockholders have limited liability for a corporation's
Q12: A new corporation forms every time there
Q14: The charter reveals the number of shares
Q14: If a corporation has only one class
Q17: Which of the following is NOT considered
Q19: The chairperson of the board of directors
Q19: Preferred stock that must be paid back
Q20: The basic unit of ownership for a
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