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A corporation: Select one: A. Maintains separate capital and drawing accounts for each owner B. May acquire assets, incur debt, and enter into contracts in
A corporation:
Select one:
A. Maintains separate capital and drawing accounts for each owner
B. May acquire assets, incur debt, and enter into contracts in its own name
C. Issues articles of incorporation as evidence of ownership in the corporation
D. Pays state income taxes but is not subject to the federal income tax
E. None of the above
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