Question 10 All of the following are characteristics of a corporation, except: has one or more owners, and called partners is considered a separate legal entity O A. OB. OC. It has an indefinite life O D. the owners are not liable for corporation's debts

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter18: Corporations: Organization And Capital Structure
Section: Chapter Questions
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Question 10
All of the following are characteristics of a corporation, except.
has one or more owners, and called partners
is considered a separate legal entity
O A.
В.
C.
It has an indefinite life
D.
the owners are not liable for corporation's debts
Transcribed Image Text:Question 10 All of the following are characteristics of a corporation, except. has one or more owners, and called partners is considered a separate legal entity O A. В. C. It has an indefinite life D. the owners are not liable for corporation's debts
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