Which of the following statements are true regarding corporations?

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Capital is more easily accumulated than with most other forms of organization.

$?$ Owners are personally liable for corporate debts.

The sale of shares from one stockholder to another does not impact operations. An exception is when it changes the makeup of directors.

$3$ The president and vice presidents choose the board of directors.

Corporations are often subject to fewer regulations than partnerships.

Shareholders are not personally liable for corporate acts.

$3$

Owners are not agents of the corporation.