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Which of the following does not apply to corporations? Multiple Choice A - Separate legal and tax entities. B - May enter into a legal

Which of the following does not apply to corporations?

Multiple Choice

  • A - Separate legal and tax entities.
  • B - May enter into a legal agreement with another corporation.
  • C - May enter into a legal agreement with an individual.
  • D - The annual income is allocated to the shareholders.

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