Which one of the following is not a usual characteristic of a corporation? a. Limited liability b.

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Which one of the following is not a usual characteristic of a corporation?

a. Limited liability

b. Limited life

c. Close government regulation

d. Easy transferability of ownership

e. Ability to raise large amounts of capital



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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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