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  3. which of the following is true of a corporation? a

Which of the following is true of a corporation? A. A corporation cannot be privately...

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Accounting

Which of the following is true of a corporation?

A. A corporation cannot be privately held.

B. The earnings of a corporation may be subject to double taxation.

C. A corporation has a limited life.

D. The stockholders of a corporation have unlimited liability for the corporation's debt.

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