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Which one is false about corporations? Corporations have unlimited life. Corporations pay corporate taxes, and shareholders pay personal taxes ( double taxation ) . Owners

Which one is false about corporations?

Corporations have unlimited life.

Corporations pay corporate taxes, and shareholders pay personal taxes

(

double taxation

) .

Owners have unlimited liability

(

.

.,

their personal assets are at risk

) .

Corporations pay a

21 %

flat tax rate.

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