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  2. Topic
    Business
  3. Study Set
    Century 21 Accounting
  4. Exam
    Exam 9: Accounting for Purchases and Cash Payments
  5. Question
    A Corporation Can Own Property, Incur Liabilities, and Enter into Contracts
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A Corporation Can Own Property, Incur Liabilities, and Enter into Contracts

Question 16

Question 16

True/False

A corporation can own property, incur liabilities, and enter into contracts in its own name.

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