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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.) Ownership rights cannot be easily transferred. Owners have unlimited liability for corporate debts. ? Capital is more easily accumulated than with most other forms of organization ? Corporate income that is distributed to shareholders is usually taxed twice. ?it is a separate legal entity It has a limited life Owners are not agents of the corporation. ences

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