Multiple Choice
Which of the following statements is true of the corporate form of business?
A) A corporation is organized understate law as a separate legal entity.
B) Changes in the ownership of stock has a negative effect on the continuity of the corporation.
C) Any stockholder may commit the corporation to a contract.
D) It is easy for stockholders to lodge an effective protest against management.
Correct Answer:
Verified
Correct Answer:
Verified
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