Multiple Choice
Which of the following statements is false?
A) Corporations are business organizations created under federal law.
B) One of the most notable characteristics of a corporation is the limited liability of the owners.
C) An advantage of corporations over other business entities is the ease of transfer of ownership.
D) The laws governing corporations vary from state to state.
E) Individuals can sell stock to each other without corporate involvement.
Correct Answer:
Verified
Correct Answer:
Verified
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