Identify which of the following statements are true for the corporate form of organization. Choose all that apply.

• (A) Owners have limited liability for corporate debts.checked
• (B) It has an unlimited life.unchecked
• (C) Directors oversee its business affairs.checked
• (D) Ownership is usually transferred readily.unchecked
• (E) Generally there is no double taxation on corporate income that is distributed to owners.unchecked
• (F) It is not a separate legal entity from its owners.checked
• (G) Owners are agents of the corporation.

This one has had me stumped for hours.