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Which of the following is not a characteristic that distinguishes 1 point corporations from proprietorships and partnerships? Corporations are separate legal entities apart from the
Which of the following is not a characteristic that distinguishes
point
corporations from proprietorships and partnerships?
Corporations are separate legal entities apart from the owners.
Corporate earnings are subject to double taxation.
Shareholders of a corporation are not permitted to transfer shares as they wish.
Corporations have continuous lives regardless of changes in ownership.
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