Which of the follopwing statements is NOT CORRECT? Limited liability is an important feature of corporations. O A corporation may incur agency costs because of the separation of ownership and management. O A corporation, potentially, has infinite life because it is a legal entity. A do # Type here to search Bar Which of the follopwing statements is NOT CORRECT? Limited liability is an important feature of corporations. O A corporation may incur agency costs because of the separation of ownership and management. O A corporation, potentially, has infinite life because it is a legal entity. A do # Type here to search Bar