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Business, 03.04.2020 04:02 lexieprochaskaaa
Of the following statements, which are true for the corporate form of organization?
A. Directors oversee its business affairs.
B. Stockholders do not have the power to bind the corporation to contracts.
C. It has a continuous life.
D. Transfer of ownership rights among owners generally does not impact equity.
E. Compared to other forms of organization- capital (financing) is more difficult to accumulate.
F. Generally there is no double taxation on corporate income that is distributed to owners.
G. It is not a separate legal entity from its owners.
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Of the following statements, which are true for the corporate form of organization?
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