QS 13-1 (Algo) Characteristics of corporations LO C1 Which of the following statements are true regarding dividends? Note: 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 mark will be automatically graded as incorrect. ? It does not end with the death of an owner. Capital is more easily accumulated than with most other forms of organization. ? The president and vice presidents choose the board of directors. The sale of shares from one stockholder to another does not impact operations. An exception is when it changes the makeup of directors. ? Stockholders are expected to hire and fire key executives. ? Stockholders do not have the power to bind the corporation to contracts. ? Owners are personally liable for corporate debts