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Which of the following is not a characteristic of the corporate form of doing business? O Transferable ownership rights Personal liability of stockholders. O Ability to acquire capital O Separate legal existence 1.67 points If Carson Company issues 2,000 shares of $1 par value common stock for $140,000 Paid-In Capital in Excess of Par Value will be credited for $2,000. 0 Common Stock will be credited for $2,000. O Cash will be credited for $140,000. Common Stock will be credited for $140.000