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Which of the following is not a characteristic of the corporate form of organization? Corporations and its stockholders are often subject to double taxation. None
Which of the following is not a characteristic of the corporate form of organization?
Corporations and its stockholders are often subject to double taxation. | ||
None of these. | ||
Public corporations are subject to more regulations than other forms of organization. | ||
Stockholders enjoy a feature referred to as unlimited liability in which they are not responsible for corporate debts. | ||
The financial statements of public corporations are not confidential. |
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