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Which of the following are correct descriptions of large corporations? (You may select more than one answer.) Managers no longer have the incentive to act
Which of the following are correct descriptions of large corporations? (You may select more than one answer.)
Managers no longer have the incentive to act in their own interests.
The coroporation survives even if the managers are dismissed.
Shareholders can sell their holdings without disrupting the business.
Corporations, unlike sole proprietorchips, do not pay tax; instead, shareholders are taxed on any dividends they receive.
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