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Tomm Tomm
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6 years ago
Which of the following is not a characteristic that distinguishes corporations from proprietorships and partnerships?
A) Corporations are separate legal entities apart from the owners.
B) Corporate earnings are subject to double taxation.
C) Corporations have mutual agency.
D) Corporations have continuous lives regardless of changes in ownership.
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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ACC 925
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AlexmosutheAlexmosuthe
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6 years ago
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