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Which of the following statements is TRUE regarding different forms of business organizations? Dividends received by the corporation's shareholders are tax-exempt It is more difficult

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Which of the following statements is TRUE regarding different forms of business organizations? Dividends received by the corporation's shareholders are tax-exempt It is more difficult to transfer ownership in a corporation than in other forms of organizations The sole proprietorship is the simplest business form to start-up Owners of the sole proprietorship have limited liability for the firm's debts The corporation has a limited life

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