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Which of the following statements IS correct? Select one: a. All corporations are companies. b. Assets owned by a company are directly owned by its

Which of the following statements IS correct? Select one:

a. All corporations are companies.

b. Assets owned by a company are directly owned by its shareholders

c. A small proprietary limited company has more legal obligations than a large one

d. Section 124 of the Corporations Act 2001 recognises a company has certain powers and legal capacity

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