Which of the following statements always apply to corporations?
Which of the following statements apply to corporations? (You may select more than one answer. Click the box with the question mark once to mark a correct answer and double-click the box to clear a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
- Unlimited liability
- Limited life
- Ownership can be transferred without affecting operations
- Managers can be dismissed without impacting ownership
Please indicate which statements apply by marking the appropriate boxes.
4 Answers
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