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Identify which of the following statements are true for the corporate form of organization. (You...

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Accounting

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Identify which of the following statements are true for the corporate form of organization. (You may select more than one answer Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) 2 It has an unlimited life. 2 Ownership is usually transferred readily. It has a continuous life. 2 Transfer of ownership rights among owners generally does not impact equity. 2 Compared to other forms of organization capital (financing) is more difficult to accumulate. 2 Generally there is no double taxation on corporate income that is distributed to owners. 2 Owners are agents of the corporation

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