A Corporation Has Which of the Following Sets of Characteristics

Multiple Choice

A corporation has which of the following sets of characteristics?

A) subject to personal liability,not a separate taxable entity,terminates at the stockholder's death
B) not taxed,two or more owners,an alternative organizational form to partnerships
C) taxed on earnings,subject to personal liability,used primarily by professional organizations
D) one or more stockholders,indefinite life,no personal liability