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Acme and Sons have now become a public corporation: Acme Inc. Which of the following statements is CORRECT? Acme's shareholders (in particular the prior proprietors)
Acme and Sons have now become a public corporation: Acme Inc. Which of the following statements is CORRECT?
Acme's shareholders (in particular the prior proprietors) will now be exposed to less liability.
Acme will be subject to fewer regulations.
The tax burden to Acme's firm is shareholders (in particular the prior proprietors) will now be reduced.
The firm's investors will find it more difficult to transfer their ownership.
The firm will find it more difficult to raise additional capital to support its growth.
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