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    Corporate Financial Accounting Study Set 1
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    Exam 12: Corporations: Organization, Stock Transactions, and Dividends
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    Characteristics of a Corporation Include
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Characteristics of a Corporation Include

Question 104

Question 104

Multiple Choice

Characteristics of a corporation include


A) a limited lifespan
B) direct management by the shareholders (owners)
C) its inability to own property
D) shareholders who have limited liability

Correct Answer:

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