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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
Which of the following statements is true of the corporate form of business?
A) Changes in the ownership of stock has a negative effect on the continuity of the corporation.
B) Any stockholder may commit the corporation to a contract.
C) It is easy for stockholders to lodge an effective protest against management.
D) The board of directors sets policy for the corporation and appoints the officers.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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TanksTanks
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Posts: 1274
7 years ago
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H3Ko Author
wrote...
7 years ago
Really appreciate your help. Sorry for taking so long to thank you, you deserve the recognition.
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