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Which of the following statement is true? a. A corporation is a legal entity separate from its owners. b. Reporting procedures are the same for

Which of the following statement is true? a. A corporation is a legal entity separate from its owners. b. Reporting procedures are the same for private and public corporations. c. A limited liability company is only a corporation for professionals such as lawyers and accountants. d. Corporations can be either public or non for profit e. None of the statements are true

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