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Which of the following is not a characteristic of the corporate form of organization. a) stockholders have authority to decide by majority vote the amount
Which of the following is not a characteristic of the corporate form of organization. a) stockholders have authority to decide by majority vote the amount of dividends to be paid b) The owners of a corporation cannot lose more than the amount of their investment c) The corporation is a very efficient vehicle for obtaining large amounts of capital required for large scale production d) shares of a stock for a corporation are more readily transferable than an interest in a partnership
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