Chapter 11 Homework i Saved 1 Of the following statements, which are true for the corporate form of organization? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) It has a continuous life. 10 points Transfer of ownership rights among owners generally does not impact equity. O Ownership is usually transferred readily. eBook It has an unlimited life. It is not a separate legal entity from its owners. Print U Owners are agents of the corporation. References 0 Owners are liable for debt and the acts of the corporation