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Which of the following statements concerning business structures is false? A. A corporation is a separate legal entity for accounting purposes, but not for tax
Which of the following statements concerning business structures is false? A. A corporation is a separate legal entity for accounting purposes, but not for tax purposes. B. A disadvantage of a partnership is that the partners are subject to unlimited liability. C. A sole proprietorship is a separate entity from its owner for accounting purposes. D. An advantage of incorporation is the ease of transfer of ownership. E. Owners of a corporation are subject to limited liability
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