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Accounting/Business Law All of the following are characteristics of a corporation EXCEPT: a.it has perpetual existence. b.it is a legal entity of its own. c.it

Accounting/Business Law

All of the following are characteristics of a corporation EXCEPT: a.it has perpetual existence. b.it is a legal entity of its own. c.it is able to be sued and to sue. d.it is usually managed by its owners.

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