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CHOOSE THE CORRECT CHOICE ITS NOT THE 3RD Which one of the following statements is correct? Multiple Cholce The majority of firms In the U.S.

image text in transcribed CHOOSE THE CORRECT CHOICE ITS NOT THE 3RD

Which one of the following statements is correct? Multiple Cholce The majority of firms In the U.S. are structured as corporations. Corporate profits are taxable Income to the shareholders when earned. Corporations can have an unlimited lfe. Shareholders are protected from all potential losses. Shareholders directly elect the corporate presldent

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