menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Computing
  3. Study Set
    Finance Markets Investments Study Set 2
  4. Exam
    Exam 13: Business Organization and Financial Data
  5. Question
    A Corporation Is a Legal Entity with an Unending Life
Solved

A Corporation Is a Legal Entity with an Unending Life

Question 49

Question 49

True/False

A corporation is a legal entity with an unending life and limited financial liability to its owners.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q44: The notes payable of a firm may

Q45: Privately held corporations must register shares with

Q46: Shareholder wealth is measured as:<br>A) assets plus

Q47: Limited liability companies (LLC) issue stock.

Q48: It is common for firms to use

Q50: Each financial period's income statement shows the

Q51: Three important financial statements are provided in

Q52: Of the following forms of organization, which

Q53: Which one of the following balance sheet

Q54: Agency problems may result from a manager's

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines