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Which of the following statements are true regarding corporations? Stockholders are expected to hire and fire key executives. It has many of the same rights
Which of the following statements are true regarding corporations?
Stockholders are expected to hire and fire key executives.
It has many of the same rights as an individual.
Owners are not agents of the corporation.
The president and vice presidents choose the board of directors.
The sale of shares from one stockholder to another does not impact operations. An exception is when it changes the makeup of directors.
It does not end with the death of an owner.
Owners are personally liable for corporate debts.
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