Multiple Choice
Under the corporate form of business organization
A) a shareholder is personally liable for the debts of the corporation.
B) a shareholder's acts can bind the corporation even though he/she has not been appointed as an agent of the corporation.
C) the corporation's life is continuous.
D) shareholders wishing to sell their shares must get the approval of other shareholders.
Correct Answer:
Verified
Correct Answer:
Verified
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