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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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