Problem 1-8 Corporations (L03) Which of the following statements always apply to corporations? (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. Any boxes left with a question be automatically graded as incorrect.) 2 Unlimited liability ? Limited life W Managers can be fired with no effect on ownership