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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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7 years ago
Which of the following statements is true of a corporation?
A) The owners of a corporation are called stockholders.
B) Any stockholder of a corporation can commit the corporation to a binding contract.
C) Corporations pay the same variety of taxes as other forms of business.
D) Although a corporation is a separate legal entity, it cannot be sued.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
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H3Ko Author
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#2
7 years ago
I just realized you had posted this! Thanks so much
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7 years ago
I'm liking this Slight Smile
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