Stockholders elect the board of directors who then appoint the officers of a corporation.
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Q7: The entry required to record start-up and
Q8: To form a corporation,most states require persons
Q9: One advantage of a corporation is the
Q10: Legal capital of a corporation is the
Q11: The number of outstanding shares should exceed
Q13: The liability of a stockholder is usually
Q14: Corporations are subject to more government control
Q15: A corporation often uses an underwriter to
Q16: Start-up and organization costs should be expensed
Q17: The sale of shares in a corporation
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