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1 Exercise 10-1A Match terms with their definitions (LO10-1) Select the best term for each definition below. eBook Print ferences Definitions a Shareholders can lose

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1 Exercise 10-1A Match terms with their definitions (LO10-1) Select the best term for each definition below. eBook Print ferences Definitions a Shareholders can lose no more than the amount they invest in the company b. Corporate camings are taxed twice at the corporate level and individual shareholder level c. Like an S corporation, but there are no limitations on the number of owners as in an S corporation d. Traces the line of authority within the corporation o. Allows for legal treatment as a corporation, but tox treatment as a partnership. 1. Has stock traded on a stock exchange such as the New York Stock Exchange (NYSE). 9. The first time a corporation issues stock to the public h. Describes (a) the nature of the firm's business activities. (b) the shares to be issued, and (c) tnt composition of the initial board of directors

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