Which of the following is not a characteristic of the corporate form of doing business? O Ablity to acquire capital O Transferable ownership rights O Separate legal existence Personal liability of stockholders. 167 points If Carson Company issues 2,000 shares of $5 par value common stock for $140,000 O Cash will be credited for $140,000. Paid-In Capital in Excess of Par Value will be credited for $10,000. Paid-In Capital in Excess of Par Value will be credited for $130,000. Common Stock will be credited for $140,000