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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

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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 an unlimited life Q Directors oversee its business affairs. Ownership is usually transferred readily Stockholders do not have the power to bind the corporation to contracts Compared to other forms of organisation capital inancing is more difficult to accumulate Generally there is no double taxation on Corporate income that is distributed to owners. s Owners are agents of the corporation

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