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Which statement about the operation of a corporation is correct? Multiple Choice Owners of a corporation have unlimited liability for any claims against their company.
Which statement about the operation of a corporation is correct?
Multiple Choice
Owners of a corporation have unlimited liability for any claims against their company.
A corporation receives its charter from a state government.
A corporation tends to be much easier to set up than a sole proprietorship or partnership.
A corporate charter automatically expires in years and must be renewed if the corporation wants to remain in business.
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