Answered: The following are characteristics of a…

The following are characteristics of a corporation except Choices; It is an artificial being It has right of succession Unlimited Liability It is created by operation of law

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter9: Accounting For Purchases And Cash Payments

Section9.1: Subsidiary Ledgers And Controlling Accounts

Problem 2AYU

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Question

The following are characteristics of a corporation except

Choices;

It is an artificial being

It has right of succession

Unlimited Liability

It is created by operation of law

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