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Under the corporate form of business organization, a.stockholders' acts can bind the corporation even though the stockholders have not been appointed as agents of the
Under the corporate form of business organization, a.stockholders' acts can bind the corporation even though the stockholders have not been appointed as agents of the corporation. b.stockholders wishing to sell their corporation shares need not get the approval of other stockholders, thus making it easy to transfer ownership rights. c.a stockholder is personally liable for the debts of the corporation. d.stockholders wishing to sell their corporation shares must get the approval of other stockholders.
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