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Which of the following statements reflects a characteristic of corporations? The stockholders have unlimited liability A shareholder may dispose of part or all of his

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Which of the following statements reflects a characteristic of corporations? The stockholders have unlimited liability A shareholder may dispose of part or all of his shares Corporations have limited lives. Corporations are not subject to government regulation Which of the following events will cause an increase in retained earnings? A 2 for 1 stock split The declaration of a 40% stock dividend Net income for the year All of the above

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