Which of the Following Is Not a Characteristic of the Corporate

Which of the following is not a characteristic of the corporate form of organization?

A) The owners of a corporation cannot lose more than the amount of their investment.
B) Shares of stock in a corporation are more readily transferable than is an interest in a partnership.
C) Stockholders have authority to decide by majority vote the amount of dividends to be paid.
D) The corporation is a very efficient vehicle for obtaining large amounts of capital required for large-scale production.