Saved Help 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.) 2 Ownership is usually transferred readily 2 Stockholders do not have the power to bind the corporation to contracts. 2 It has a continuous life. 7 Transfer of ownership rights among owners generally does not impact equity Compared to other forms of organization capital financing) is more difficult to accumulate Generally there is no double taxation on corporate income that is distributed to owners. it is not a separate legal entity from its owners