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Of the following statements, which are true for the corporate n one answer. Sing

ID: 2596517 • Letter: O

Question

Of the following statements, which are true for the corporate n one answer. Single click the box with the question answer and double click the box with the question merk to em form of organization? You may select more mark to produce a check merk for a correct pty the box for wrong answer.) onts it has an unlimited life Directors oversee its business affairs eBook Ownership is usually transferred readily References Stockholders do not have the power to bnd the corporation to comers capta. -igl s more dricit to occumulete ed to cther forms of organization, 2 t is not a separate legal entity from ts owners Owners are iable for debt and the acts of the corporation. Reference links

Explanation / Answer

The following statements are correct: 1. It has an unlimited life. 2. Director oversee its business affacirs. 3. Ownership is usually transferred readily. 4. Stockholders do not have power to bind corporation to contracts.

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