QS 11-1 (Algo) Characteristics of corporations LO C1 Identity which of the following statements 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 mork 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 mark will be automatically graded os incorrect.) The state of shares trom one stockholder to another does not mpoct operations An exception is when it changes the makeup of directors Stockholdert do not have the power to bind the corporation to contracts ? does not end with the death of an owner 2 Corporations or hen subject to fewer regulations than partnership owners are not agents of the corporation, Zithoo many of the same rights as an individual The president and vice presidents choose the board of director