Which of the following is NOT a characteristic of a cdorporation?
A) Corporations are organized as a separate legal taxable entity.
B) Ownership is divided into shares of stock.
C) Corporations experience an ease in obtaining large amounts of resources by issuing stock.
D) A corporation's resources are limited to its individual owners' resources.
E) Corporations make up 20% of all businesses.
Correct Answer:
Verified
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