Multiple Choice
A company possesses all but one of the following characteristics.Which of the following is NOT a characteristic of a company?
A) A company is a distinct entity in the eyes of the law.
B) A company is owned by shareholders.
C) If a company cannot pay its debts,lenders can take the owners' personal assets to satisfy the obligations.
D) Company ownership is divided into shares.
Correct Answer:
Verified
Correct Answer:
Verified
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