Identify which of the following statements are true for the corporate form of organization. (You may select more than one answer. Single cllick the box with the question mark to produce a check mark for a correct answer and double click the box with the questlon mark to empty the box for a wrong answer.) Owners have limited liability for corporate debts Stockholders do not have the power to bind the corporation to contracts ?It has a continuous life ? Transfer of ownership rights among owners generally does not impact equity cerporaxe Generally there is no double taxaton e rate Income that is distributed to owners ? It is not a separate legal entity from its owners Owners are lable tor debt and the acts of the corporation