Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. of the following statements, which are true for th

Of the following statements, which are true for the corporate form of organization? (Select all...

80.2K

Verified Solution

Question

Accounting

image

Of the following statements, which are true for the corporate form of organization? (Select all that apply.) Owners are not agents of the corporation. It is a separate legal entity. It has a limited life. Capital is more easily accumulated than with most other forms of organization. Corporate profit that is distributed to shareholders is usually taxed twice. Owners have unlimited liability for corporate debts. Ownership rights cannot be easily transferred

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students