The corporation is a separate legal person from the owners; this makes it possible for the corporation to continue operating even if one of its shareholders dies. Or to. True or b. false QUESTION 6 What kind of value is shown on the company's balance sheet? Or to. book value or b. liquidation value  c. market value or d. intrinsic value QUESTION 7 What is the present value of the following perpetuity? $500 per year discounted at 9% annually Or to. $3,333.33 or b. $5,555.56 or c. $20,000.00 or d. $6,875.00 QUESTION 8 Sole proprietorship has no separate legal business structure from its owner. Or to. True or b. false