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Which of the following is true regarding the corporate form of business organization? a. Corporations are the most prevalent form of business organization. b. Corporate

Which of the following is true regarding the corporate form of business organization?

a. Corporations are the most prevalent form of business organization.

b. Corporate businesses are generally smaller in size than partnerships and proprietor-ships.

c. The revenues of corporations are greater than the combined revenues of partnerships and proprietorships.

d. Corporations are separate legal entities organized exclusively under federal law.

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