Question 1 Identify if the statement is True or False. When a corporation pays a dividend, the dividends are only taxed once: at the shareholder level. [Choose] True False [Choose Creditors of a corporation do not have a legal claim on the personal assets of the stockholders if the corporation goes bankrupt. If a stockholder wishes to sell their stock in a corporation, they must obtain corporate approval to do so. [Choose An individual person has many more rights than a corporation does. | Choose The death of a stockholder has no affect on the daily operations of the corporation | Choose A drawback of being a corporation is that they are required to follow Federal. State and SEC laws 1 Choose