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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. O Ownership is usually transferred readily. It has a continuous life. Transfer of ownership rights among owners generally does not impact equity. O Compared to other forms of organization- capital (financing) is more difficult to accumulate. U Generally there is no double taxation on corporate income that is distributed to owners. Owners are agents of the corporation

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