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Which of the following is false with regards to the characteristics of a corporation? Select one: a. The corporation is a separate legal entity, which
Which of the following is false with regards to the characteristics of a corporation? Select one: a. The corporation is a separate legal entity, which can sue and be sued. b. All shareholders are vicariously liable for any tort committed by the employees of a corporation during the cours of employment c. In most cases, shares of a corporation can be freely transferred. d. Corporations can be dissolved. e. There are often tax advantages gained through incorporation when compared with a sole proprietorship
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